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A guide to the issues involved in sharing the inheritance of summer houses, family cottages and other family-owned/shared properties. Passing It On fills a critical niche in the literature on estate planning. It focuses on the sociological/family-dynamics involved in sharing real property rather than merely on the legal issues of estate reduction. Includes extensive quotes from over 100 summer-house heirs, about how they have managed to keep the property in the family over generations. Now includes in the same volume as an added bonus the companion guide: How To Pass It On by Ken Huggins- a workbook to putting into effect the practical aspects of Informal and Formal Operating Agreements, Practices & Policies, and other necessary agreements outlined in Passing It On.
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A guide to the issues involved in sharing the inheritance of summer houses, family cottages and other family-owned/shared properties. Passing It On fills a critical niche in the literature on estate planning. It focuses on the sociological/family-dynamics involved in sharing real property rather than merely on the legal issues of estate reduction. Includes extensive quotes from over 100 summer-house heirs, about how they have managed to keep the property in the family over generations. Now includes in the same volume as an added bonus the companion guide: How To Pass It On by Ken Huggins- a workbook to putting into effect the practical aspects of Informal and Formal Operating Agreements, Practices & Policies, and other necessary agreements outlined in Passing It On.