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Saving the Family Cottage: A Guide to Succession Planning for Your Cottage, Cabin, Camp or Vacation Home
     

Saving the Family Cottage: A Guide to Succession Planning for Your Cottage, Cabin, Camp or Vacation Home

4.3 3
by Stuart J. Hollander, Deborah Wyatt Fellows (Foreword by), Deborah Wyatt Fellows (Foreword by)
 

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This book will help you keep your cottage in the family. Whether you are the parent planning to pass on the cottage to your children, the heir who now has inherited a property you are sharing with others, or you are thinking about acquiring a vacation property for the benefit of future generations, this book will tell you how to: Prevent a family member from forcing

Overview

This book will help you keep your cottage in the family. Whether you are the parent planning to pass on the cottage to your children, the heir who now has inherited a property you are sharing with others, or you are thinking about acquiring a vacation property for the benefit of future generations, this book will tell you how to: Prevent a family member from forcing the sale of the cottage. Keep your cottage out of the hands of in-laws and creditors. Develop a legal structure to take care of the "business" of ownership, freeing you and your family to enjoy your precious time at the cottage. Make a smooth transition from one generations, ownership to the next. Create an endowment that helps your descendants afford to keep the cottage. The author explains the problems inherent in vacation home ownership and offers solutions for families who wish to preserve this valuable asset for generations to come.

Product Details

ISBN-13:
9780979359620
Publisher:
Pleasant City Press, LLC
Publication date:
07/15/2007
Pages:
230
Product dimensions:
6.00(w) x 9.00(h) x 0.70(d)

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Saving the Family Cottage: A Guide to Succession Planning for your Cottage, Cabin, Camp or Vacation Home 4.3 out of 5 based on 0 ratings. 3 reviews.
Anonymous More than 1 year ago
Anonymous More than 1 year ago
Guest More than 1 year ago
You were gong to leave the cottage to your children in shares? What a way to end family harmony! This terrific book explains why you should put the cottage in an LLC and set up the arrangements so those children who want to use it will be able to do so harmoniously!