Saving the Family Cottage: A Guide to Succession Planning for Your Cottage, Cabin, Camp or Vacation Home
Hollander, Stuart; Hollander, Rose; Fry, David
ISBN 10: 1413323499 ISBN 13: 9781413323498
Published by NOLO, 2017
Used
Paperback
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About this Item
Description:
Pages can have notes/highlighting. Spine may show signs of wear. ~ ThriftBooks: Read More, Spend Less. Seller Inventory # G1413323499I3N00
Synopsis:
Estate planning for family cottages and cabins
When family members inherit a vacation home together, problems are often unavoidable, given that the new co-owners may have different financial circumstances or emotional attachments to the family cottage or cabin.
But you can head off damaging family squabbles by developing a legal structure (typically an LLC) to take care of the business of ownership. Whether you’re planning to pass on a cottage to your children, or you’ve inherited a cabin with your siblings, Saving the Family Cottage provides practical, legal solutions for preserving a beloved family property for generations to come. You’ll learn how to:
- keep the peace (and avoid fights) among siblings over jointly-owned property
- prevent a family member from forcing a sale of the cottage or cabin
- keep your vacation home out of the hands of in-laws and creditors, and
- make a smooth transition from one generation’s ownership to the next.
Book Description: This book explains a proven method for keeping your cottage in the family for generations and avoiding family fights. Almost anyone who inherits real estate with siblings will want guidance.
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Bibliographic Details
Title: Saving the Family Cottage: A Guide to ...
Publisher: NOLO
Publication Date: 2017
Binding: Paperback
Condition: Good
Dust Jacket Condition: No Jacket
Edition: 5th or later Edition