Keeping the Vacation Home in the Family
Vacation homes are often viewed as family treasures that the current generation hopes to pass to future generations.
Succession planning for these sentimental properties can be difficult due to the varying views about their use and value, ongoing expenses for maintenance, disagreements about access, and the unwillingness of some family members to participate meaningfully.
Trust and estate planning attorney Thomas Csatari writes about several planning options that are available to keep the vacation home in the family.
Read the article Keeping the Vacation Home in the Family