Saving the Family Cottage

A Guide to Succession Planning for your Cottage, Cabin, Camp or Vacation Home

Plan for the future

David Fry, Attorney; Rose Hollander, ; and Stuart Hollander, Attorney

April 2009, 3rd Edition

Understand estate and succession planning with Saving the Family Cottage. The definitive book on succession planning shows you how to keep your vacation home in the family for generations to come. Find out how to:

allocate control between and within generations of owners
figure out which estate planning entity is right for you and your family
decide whether to establish an endowment

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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.

The 2nd 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 3rd 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.

“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

ISBN

9781413310344

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