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