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

Hollander, Rose,Fry, David,Hollander, Stuart

ISBN 10: 141331841X ISBN 13: 9781413318418
Published by NOLO, 2013
Used Paperback

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Synopsis:

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.


About the Author:

David S. Fry is a Michigan attorney whose practice also focuses on real estate and estate planning, particularly succession planning for second homes. He is a fourth-generation cottage owner and regularly presents seminars around Michigan on how to keep a cottage in the family.

Rose Hollander has spent more than 19 years working and living in the heart of Michigan cottage country. She was the legal assistant/paralegal in a law practice with her husband, Stuart Hollander, whose practice centered on estate planning to help families concerned about passing on vacation homes. Rose met with families, helped draft documents, and helped families administer the estate after a death.Rose graduated from Ithaca College. Before working as a legal assistant, she worked as a personnel representative for the Stanford Court Hotel and then as the assistant to the General Manager of the Four Seasons Clift Hotel in San Francisco. She then owned a catering business in Northern Michigan.Rose is a Great Books leader and chairman of the board of a large Montessori school, and is active on stage in community theater. She has published several essays about life "up north" and parenting.You can visit her website at http://www.cottagelaw.com.

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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Bibliographic Details

Title: Saving the Family Cottage: A Guide to ...
Publisher: NOLO
Publication Date: 2013
Binding: Paperback
Condition: Good
Edition: 4th Edition

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