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Saving the Family Cottage : Creative Ways to Preserve Your Cottage, Cabin, Camp, or Vacation Home for Future Generations by Rose Hollander, Stuart J. Hollander and Ann O'Connell (2021, Trade Paperback)

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Number of Pages Weight: 0 lbs. Publication Date: 2021-02-23. Publisher: NOLO.

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Product Information

Estate planning for family cottages and cabins No matter whether you're planning to pass on a cottage to your children, or you've inherited a cabin with your siblings, it's never too early to take steps to preserve a beloved family property for generations to come. Shared ownership of vacation property-especially when the co-owners are family members-can be fraught with problems. The idyllic dream of a cottage getaway can be shattered when co-owners' emotions, financial concerns, and opinions on how the property should be used come into play. Fortunately, a solid plan that dictates how the property will be owned and managed can prevent squabbles over the family cottage. Saving the Family Cottage lays out a roadmap for creating and implementing this plan. It also explains the possible pitfalls of co-owing a family vacation property, and provides time-tested guidance on how to: keep the peace among heirs prevent a family member from forcing a sale of the property keep your vacation home out of the hands of in-laws and creditors, and smoothly transition ownership of the property from one generation to the next. The sixth edition includes an expanded discussion of legal issues that might arise from renting out a family cottage or cabin on a short-term basis. It's also updated to reflect current tax and legal entity laws.

Product Identifiers

Publisher
Nolo
ISBN-10
1413328261
ISBN-13
9781413328264
eBay Product ID (ePID)
3050100216

Product Key Features

Book Title
Saving the Family Cottage : Creative Ways to Preserve Your Cottage, Cabin, Camp, or Vacation Home for Future Generations
Author
Rose Hollander, Ann O'Connell, Stuart J. Hollander
Format
Trade Paperback
Language
English
Topic
Real Estate / General, General, Personal Finance / Taxation, Property
Publication Year
2021
Genre
Law, Business & Economics
Number of Pages
240 Pages

Dimensions

Item Length
9in
Item Height
0.5in
Item Width
6in
Item Weight
16 Oz

Additional Product Features

Lc Classification Number
Kf750.Z9h645 2021
Edition Number
6
Reviews
"Practical advice." The Grand Rapids Press "Nolo is always there in a jam as the nation's premier publisher of do-it-yourself legal books." Newsweek
Table of Content
Part I: Cottages at Risk1. Trouble in Paradise2. Avoid the Worst: A Partition Parable3. Plan for the Best: Cottage Succession Goals4. How a Plan Helps Save the Family Cottage5. No Plan? Then 600-Year-Old Law Controls the Cottage6. Other Animals in the Property Law Zoo7. Short-Term SolutionsPart III: Cottage Plans in Action8. Choose the Right Legal Entity for Your Cottage9. Welcome to the Club10. When and How to Organize the Cottage LLC11. The Cottage Safety Valve12. Cottage Democracy13. Scheduling and Use14. Renting the CottagePart IV: Creating a Cottage Legacy15. Minimizing the Federal Tax Bite16. The Ultimate Gift: A Cottage EndowmentG. GlossaryB. Bibliography A. Appendix: Table of Contents for CottageLimited Liability Company Operating AgreementIndex
Copyright Date
2021
Target Audience
Trade
Lccn
2020-036896
Dewey Decimal
346.7305/2
Dewey Edition
23

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Saving the Family Cottage : Creative Ways to Preserve Your Cottage, Cabin, Camp, or Vacation Home for Future Generations by Rose Hollander, Stuart J. Hollander and Ann O'Connell (2021, Trade Paperback)

About this product

Product Information

Product Identifiers

Product Key Features

Dimensions

Additional Product Features

All listings for this product

item 1 Saving the Family Cottage: Creative Ways to Preserve Your Cottage, Cabin, Camp,

item 2 Saving the Family Cottage : Creative Ways to Preserve Your Cottag

item 3 Saving The Family Cottage: A Guide To Succession Planning For Your Cottage,...

item 4 Saving the Family Cottage : Creative Ways to Preserve Your Cottage, Cabin, Ca...

item 5 Saving the Family Cottage : Creative Ways to Preserve Your Cottage, Cabin, Ca...

item 6 Saving the Family Cottage: Creative Ways to Preserve Your Cottage, Cabin, Camp,

item 7 Saving the Family Cottage: Creative Ways to Preserve Your Cottage, Cabin, Camp,

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