Posts Tagged ‘indirect real estate ownership’
Choosing the Right Legal Entity for the Family Cottage
January 31st, 2010
| Author: Dan A. Penning
The Right Legal Entity for Your Cottage
Circumstances need to be evaluated for each family and cottage property. There are a few special cases where keeping your cottage under direct real estate ownership is the simple solution to a complex situation. Two cottage planning solutions which should be examined, and discussed with your cottage law attorney, are Life Estates and the Ownership Agreement.
Posted in Cottage Entity Laws, Cottage Law, Cottage Law Attorney, Cottage Real Estate Laws, Cottage Succession Planning, Direct Ownership, Entity Laws, Family Cottage, Indirect Ownership, Limited Liability Company, Tenants in Common
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Tags: avoid uncapping cottage property taxes, Cottage Law, Cottage Law Attorney, cottage planning solutions, cottage property, direct real estate ownership, family property, flexible legal entity, future generations, indirect real estate ownership, legal entity, life estates, ownership agreement, saving your family cottage
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