Cottage Planning Protects What You Love

At The Penning Group we know your goal is to protect three things: the people you love, a place you love and the life experiences and cottage memories you love.

Your Family Cottage Property

By having a solid cottage succession plan in place your heirs avoid common real estate law surprises. Our attorneys work with you to develop a flexible cottage succession plan which will move your family cottage away from the hazards of 600-year-old real estate laws to within the protection of entity laws.

We examine your family cottage property as a whole and advise you on short- and long-term strategies and legal structures to avoid the uncapping of your property.

Expert Cottage Law Attorneys

Let our staff of expert cottage law attorneys develop a cottage succession plan with you which will:

  • Protect your family cottage from passing outside the family.
  • Solve future conflicts between family members about how the family cottage is operated, maintained and improved.
  • Avoid, through the right to partition governed by real estate laws, the forced sale of your family cottage.

Your Cottage Succession Plan, as prepared by The Penning Group, becomes a flexible legal entity of its own to keep the family cottage in your family for generations to come.

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The Penning Group

A protective cottage plan

Call Dan Penning of The Penning Group today to begin the process of creating your cottage plan. Even a simple plan, which you can easily change and update, is better than the consequence of not having a protective cottage succession plan for your heirs.

Please call us!

We welcome your phone calls and questions about how to plan for the future of your cottage, property tax "uncapping", property tax appeals and related tax matters.

Dan A. Penning

231.271.4500 Traverse City/Suttons Bay
248.893.1400 Detroit/Novi
616.717.5746 Grand Rapids

The Penning Group
www.PenningGroup.com

Recognition

Hour Magazine

For the third consecutive year,
Dan A. Penning was named
FIVE STAR Wealth Advisor for 2012
by HOUR Detroit Magazine.

Grand Traverse Insider

Voted Best Law Firm
Leelanau County

AV rating from Martindale Hubbell

Dan A. Penning possesses an "AV"
rating which is the highest peer review rating from Martindale-Hubbell.