The transfer or disposition of the family cottage or vacation home can often be one of the most challenging and difficult decisions. Should it be transferred while the parents are alive or after they die? Should it be gifted or sold to one or all of the children? How will future use be determined and who will pay the expenses? What are the tax and family law implications?
Lawrences’ estates lawyers have assisted numerous families with their cottage succession plans, helping them answer these difficult questions. Our lawyers will design and implement the appropriate plan depending on your specific circumstances and family dynamic.