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Please join us for a free seminar Wednesday, August 27th at the Old Art Building in Leland on how to effectively pass down the family cottage.
Summers at the family cottage are memories that can be cherished forever. For many of us, we wish to keep the memories alive by passing the cottage down to future generations. However, the process of transitioning the family cottage to loved ones, which seems fairly straight forward at first, can become quite complicated, very quickly.
Attorneys Robert Parker and Kevin Huss will identify common issues associated with owning a cottage and provide the benefits and potential drawbacks to the many different ways families can go about passing down the cottage. By attending our seminar, you will leave with a basic blueprint as to how the family cottage should be owned, transferred and how future decisions should be made.
This Event Will Help You:
- Identify common pitfalls associated with failure to plan
- Learn about updates in the law concerning property taxes
- Understand the benefits and drawbacks to various forms of cottage succession planning