Target New ArrivalsBack to SchoolCollegeHalloweenClothing, Shoes & AccessoriesHome & DecorKitchen & DiningOutdoor Living & GardenGroceryHousehold EssentialsBabyBeautyPersonal CareSports & OutdoorsPetsHealthWellnessSchool & Office SuppliesToys & GamesElectronics & TechVideo GamesMovies, Music & BooksParty SuppliesGift IdeasGift CardsShop by CommunityTarget OpticalDealsClearanceNew ArrivalsBack to SchoolCollegeTop DealsTarget Circle DealsWeekly AdShop Order PickupShop Same Day DeliveryRegistryRedCardTarget CircleFind Stores
Saving the Family Cottage - 7th Edition by Ann O'Connell & Timothy B Borchers (Paperback) - 1 of 1

Saving the Family Cottage - 7th Edition by Ann O'Connell & Timothy B Borchers (Paperback)

$24.67Save $5.32 (18% off)

In Stock

Free & easy returns
Free & easy returns
Return this item by mail or in store within 90 days for a full refund.
Eligible for registries and wish lists

Save 5% every day

With Target Circle™ Card

About this item

Highlights

  • Estate planning for family cottages and cabinsIt's never too early to take steps to preserve a beloved family property for generations to come.
  • Author(s): Ann O'Connell & Timothy B Borchers
  • 256 Pages
  • Business & Economics, Real Estate

Description



About the Book



"This book discusses estate planning for family cottages and cabins. It includes advice on how to keep the peace among heirs, prevent a family member from forcing a sale of the property, keep the vacation home out of the hands of in-laws and creditors, and how to make a smooth transition of ownership from one generation to the next. This edition includes an expanded discussion of legal issues that might arise when renting out a family cottage or cabin on a short-term basis. It's also updated to reflect current tax and legal entity laws"--



Book Synopsis



Estate planning for family cottages and cabins


It's never too early to take steps to preserve a beloved family property for generations to come. Shared ownership of vacation property--especially when the co-owners are family members--can be fraught with problems. The idyllic dream of a cottage getaway can be shattered when co-owners' emotions, financial concerns, and opinions on how the property should be used come into play.


Fortunately, a solid plan that dictates how the property will be owned and managed can prevent squabbles over the family cottage. This book lays out a roadmap for creating and implementing this plan. It also explains how to identify properties that qualify as heirlooms worthy of a succession plan, and provides time-tested guidance on how to:



  • keep the peace among heirs

  • prevent a family member from forcing a sale of the property

  • keep your vacation home out of the hands of in-laws and creditors, and

  • smoothly transition ownership of the property from one generation to the next.


The seventh edition expands on buy-out options for heirs, how to transfer the property to later branches of the family, and when it might be appropriate to form a nonprofit association to hold the property.



Review Quotes




"Practical advice." The Grand Rapids Press

"Nolo is always there in a jam as the nation's premier publisher of do-it-yourself legal books."Newsweek


Dimensions (Overall): 8.82 Inches (H) x 5.98 Inches (W) x .71 Inches (D)
Weight: .75 Pounds
Suggested Age: 22 Years and Up
Number of Pages: 256
Genre: Business & Economics
Sub-Genre: Real Estate
Publisher: NOLO
Theme: Buying & Selling Homes
Format: Paperback
Author: Ann O'Connell & Timothy B Borchers
Language: English
Street Date: March 25, 2025
TCIN: 92246538
UPC: 9781413332407
Item Number (DPCI): 247-28-6011
Origin: Made in the USA or Imported
If the item details aren’t accurate or complete, we want to know about it.

Shipping details

Estimated ship dimensions: 0.71 inches length x 5.98 inches width x 8.82 inches height
Estimated ship weight: 0.75 pounds
We regret that this item cannot be shipped to PO Boxes.
This item cannot be shipped to the following locations: American Samoa (see also separate entry under AS), Guam (see also separate entry under GU), Northern Mariana Islands, Puerto Rico (see also separate entry under PR), United States Minor Outlying Islands, Virgin Islands, U.S., APO/FPO, Alaska, Hawaii

Return details

This item can be returned to any Target store or Target.com.
This item must be returned within 90 days of the date it was purchased in store, delivered to the guest, delivered by a Shipt shopper, or picked up by the guest.
See the return policy for complete information.

Additional product information and recommendations

Discover more options

Skip to next section

Frequently bought together

Skip to next section

Best-selling All Book Genres

Skip to next section

Get top deals, latest trends, and more.

Privacy policy
Terms