News & Analysis as of

Cottage Properties

Amundsen Davis LLC

Preserving Harmony at the Family Cottage with an LLC

Amundsen Davis LLC on

For many, Little Red Housethe family cottage holds fond memories, from connecting with loved ones to enjoying some much needed time away. However, without proper planning, the family cottage can become a source of conflict...more

Warner Norcross + Judd

Passing the Family Cottage to the Next Generations

Warner Norcross + Judd on

As the family gathers at the summer cottage or vacation property each season, the senior generation might think about how nice it would be for these multi-generational gatherings to continue for years to come....more

Warner Norcross + Judd

Shared Ownership of Family Cottages, Part One: Does It Make Sense to Pass the Cottage to Future Generations?

As the family gathers at the summer cottage or vacation property each season, the senior generation might think how nice it would be for these multi-generational gatherings to continue after they pass from the scene. And to...more

Buckingham, Doolittle & Burroughs, LLC

Ohio Real Property Tax – Ohio severely restricts school districts’ rights to challenge property values

Recently-enacted HB 126 significantly alters the rights and procedures for local school districts (among other government entities) to contest property valuations for real property taxes. The changes described below will...more

Bryan Cave Leighton Paisner

How Property Was Titled Did Not Control Disposition Of Asset

A deed transfers a lake cottage to a revocable living trust. Title to the cottage is still in the name of that trust when the grantors die. The cottage gets distributed according to the terms of that trust, right? ...more

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