Ebook Saving the Family Cottage: A Guide to Succession Planning for Your Cottage, Cabin, Camp or Vacation Home, by Stuart Hollander
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Saving the Family Cottage: A Guide to Succession Planning for Your Cottage, Cabin, Camp or Vacation Home, by Stuart Hollander
Ebook Saving the Family Cottage: A Guide to Succession Planning for Your Cottage, Cabin, Camp or Vacation Home, by Stuart Hollander
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Now published by Nolo, Saving the Family Cottage is written in plain English by estate planning and succession attorney-experts Stuart Hollander and David S. Fry, to help you plan to pass on your vacation home and keep it in the family. Complete with real-world examples and stories of cottage "wars" gone awry, this book breaks down the essentials for passing your cottage to the next generation.
Find out how to:
-figure out which estate planning entity is right for you and your family
-develop a cottage schedule
-deal with co-owners who fail to pay their assessments
-decide whether to establish an endowment
-allocate control between and within generations of owners
Although the term "cottage" is used throughout, the practical advice from the authors applies to any property that a family wants to retain. With information for owners, attorneys and financial planners, this guide to succession planning makes a complex problem understandable and offers concrete solutions to what can be a delicate family matter.
This edition acknowledged the addition of Attorney David S. Fry as an author of the book and successor to the author's cottage law practice. The updated edition is now published by Nolo and has been revised to include the latest state and federal rules that apply to vacation home owners, including fully up-to-date estate tax information.
- Sales Rank: #255965 in eBooks
- Published on: 2013-03-11
- Released on: 2013-03-29
- Format: Kindle eBook
Most helpful customer reviews
0 of 0 people found the following review helpful.
Great book for forming a Family LLC and constructing an ...
By Packmule
Great book for forming a Family LLC and constructing an operating agreement. It encompasses many different strategies and tactics and realistically addresses the pieces and decisions that need to be to put together and made for a good and solid agreement, that will hopefully stand the test of time.. A better index would be nice. I bought half a dozen copies for me and my siblings and am using it as a guide. Some of it is quite humorous because it's true. A comprehensive fully searchable pdf would also be nice.
0 of 0 people found the following review helpful.
The title says it well
By Dr. Duncan B. Neuhauser
This paperback book was recommended by a highly respected lawyer in my state. The family summer house has been used and owned for 50 years and the ownership is devolving on to the third generation. How to create a plan to keep this beloved house in the family? This is not so easy to do with all the complexities of a big complicated family? This is the right book to study if this transition is going on in your family. You do not have to be a lawyer to understand this readable book. It could change your family life for generations to come
0 of 0 people found the following review helpful.
Great Guide into the Land Law Wilderness
By Ares1
Checked it out at the library and, after reading it, bought it online. Excellent at setting out possible scenarios and different solutions.At our urging, our daughters have their own copies and we're discussing LLCs.
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