A Book On How To Save The Family Cottage
, (Attorney, Michigan) Rose Hollander, (Legal Assistant, Michigan) & Stuart Hollander (Attorney, Michigan) recently published a book, Saving the Family Cottage (4th ed. 2013). A description of the book from Amazon is below:
Whether you’re a parent planning to pass on acottage to your children, someone who has inherited a cabin with your siblingsor 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 squabblesover it.
This book tells you how. You’ll find out how to:
. Prevent a family member fromforcing a sale of the cottage
. Keep your cottage out of thehands of in-laws and creditors
. Develop a legal structure totake care of the business of ownership, freeing you and your family to enjoyyour precious time at the cottage
. Make a smooth transition fromone generation’s ownership to the next.
Saving the Family Cottageexplains the problems that almost always pop up when family members withdifferent interests and financial situations inherit a vacation home together.And it offers solutions for families who want to preserve this valuable assetfor generations to come.