Posts Tagged ‘michigan’
Michigan Cottage Law Takes on New Meaning on Game Day
October 15th, 2011
| Author: Dan A. Penning
Michigan Cottage Law definitely gains new perspective on game day in Michigan!
Keeping the Family Cottage – Cottage Succession Planning and Forms of Ownership
March 29th, 2011
| Author: Dan A. Penning
They say, “beauty is in the eye of the beholder.” That’s especially true when applied to the family cottage. Whether the family cottage is a small rustic cabin on a pristine lake or stream, a luxurious retirement home on one of the Great Lakes or ocean shore, or a family retreat in some stunning mountain region, it’s not “economic value” that is the most important factor in keeping the family cottage, it’s the “emotional value.”
Posted in Cottage Entity Laws, Cottage Law, Cottage Law Attorney, Cottage Succession Planning, Direct Ownership, Entity Laws, Family Cottage, Indirect Ownership, Limited Liability Company, Tenants in Common, Uncapping Property Taxes
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Tags: Cottage Law, cottage succession plan, creditor protection, direct transfers of ownership, divorce, entity, Family Cottage, family limited partnerships, flp, gift of the family cottage, great lakes, joint tenants with rights of survivorship, life estate, lifetime trust, Limited Liability Company, llc, luxurious retirement home, michigan, northern michigan, operation and maintenance of the family cottage, outright transfers of ownership, qprt, qualified personal residence trust, revocable living trust, rustic cabin, Tenants in Common, transfers of deed
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The Long Lazy Days of Summer at the Family Cottage on the Lake
August 3rd, 2010
| Author: Dori Penning
Did you know that just watching and listening to a water sprinkler on your lawn provides solace and serenity. Our chocolate Labradors back from their vacation at the lake and family cottage seem eager to chase squirrels and lay in the sun on the moist grass in their own yard. What a beautiful day in July. We finally got a break from the humidity for a few days.
Posted in Cottage Law, Cottage Law Attorney, Cottage Real Estate Laws, Cottage Succession Planning, Family Cottage, Family Cottage Memories
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Tags: Cottage Law, cottage succession plan, family time at family cottage, keep family cottage safe, michigan, saving the family cottage, suttons bay, traverse city
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Chocolate Labs on Vacation at the Family Cottage
July 26th, 2010
| Author: Dori Penning
The Cottage-Law Dogs of Summer!
Our beautiful chocolate Labradors summer with us at the family cottage. Each year, they become dogs at the beach. They love the water and would jump off the docks in Suttons Bay, Michigan to swim. It’s usually Ginger first, and then Jake.