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

Stuart Hollander, David Fry, Rose Hollander
Format: Paperback
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Details

  • Paperback: 240 pages
  • Publisher: NOLO; 4 edition (March 29, 2013)
  • Language: English
  • ISBN: 141331841X
  • EAN: 9781413318418
  • Item Dimensions: 5.1 x 0.5 x 9.7 inches
  • Shipping Weight: 0.7 pounds

Description

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.


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LAW DICTIONARY

Related legal terms and Law definition:

minor
Minor means a person under 18 years of age whose disabilities have not been removed by marriage or otherwise. (FL Probate Court, PART II, Sec. 731.110) … Full Definition »
Family Law >> Family Law