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Saving the Family Cottage: A Guide to Succession Planning for Your Cottage, Cabin, Camp or Vacation Home
Unavailable
Saving the Family Cottage: A Guide to Succession Planning for Your Cottage, Cabin, Camp or Vacation Home
Unavailable
Saving the Family Cottage: A Guide to Succession Planning for Your Cottage, Cabin, Camp or Vacation Home
Ebook285 pages3 hours

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

Rating: 3 out of 5 stars

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About this ebook

Whether you’re a parent planning to pass on a cottage to your children, someone who has inherited a cabin with your siblings or other relatives, or someone who is thinking about buying a vacation home, you want to know how to keep the property in the family—and avoid squabbles over it.

This book tells you how. You’ll find out how to:
  • Prevent a family member from forcing a 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 generation’s ownership to the next.
Saving the Family Cottage explains the problems that almost always pop up when family members with different interests and financial situations inherit a vacation home together. And it offers solutions for families who want to preserve this valuable asset for generations to come.
LanguageEnglish
PublisherNOLO
Release dateMar 7, 2017
ISBN9781413323504
Unavailable
Saving the Family Cottage: A Guide to Succession Planning for Your Cottage, Cabin, Camp or Vacation Home
Author

Stuart Hollander

The late Stuart Hollander was a lawyer with more than 20 years' experience helping families plan for succession of their vacation cottages.

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  • Rating: 3 out of 5 stars
    3/5
    The content of this book really should just be a longish article on the pitfalls of trying to pass a family cabin down through the generations, and solutions to those problems. By excessive redundancy, a large typeface, the use of meaningless diagrams and an extensive bibliography, that article has been turned into something long enough that it can be published as a book.Cynicism aside about the profit motives, this really does lay out the problems with trying to establish a family cottage once the founding generation has died. Anyone who is, or expects to be, in that situation absolutely, positively should read this...at least Chapters 9 and 10. It's likely to be of little interest to anyone not in those categories.