Saving the Family Cottage
A Guide to Succession Planning for Your Cottage, Cabin, Camp or Vacation Home
Ranked #56 in Family Law
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,... more
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,... more