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Passing It On: The Inheritance and Use of Summer Houses and Family Cottages - Including the workbook: How To Pass 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.
- Sales Rank: #866010 in Books
- Published on: 2015-01-02
- Original language: English
- Number of items: 1
- Dimensions: 10.00" h x .59" w x 8.00" l, 1.15 pounds
- Binding: Paperback
- 258 pages
Most helpful customer reviews
1 of 1 people found the following review helpful.
A "must-read" for those wrestling with leaving a family property to heirs or for the heirs that must live harmony with co-heirs.
By Michael R.
See other reviews (from previous publication at the link below) of this important work before the workbook was incorporated into the book for added value. This is not meant to be a step-by-step legal guidebook but rather an exhaustive guide for exploring the human side of the the thorny issues behind leaving the family home to multiple heirs for their shared use and perpetuance of the property to even further generations and more fractional shared use. The reviewer that gave this 2 stars is the kind of person that obviously cannot read to begin with since their criticism speaks exactly to the stated strength and intention of this work and their unwillingness to state their opinion with their real name is very suspect. I'm thinking they are merely a competitor looking to hurt the sale of this important book. The practicality of this volume lies not in a rote step-by-step kind of legal book but rather in its ability to get to the heart issues that make the process so emotional and difficult. Various strategies for passing properties on are discussed.
http://www.amazon.com/Passing-It-On-Inheritance-Summer/dp/1570874867/ref=cm_cr_pr_product_sims?ie=UTF8
0 of 1 people found the following review helpful.
A book with no conceivable audience
By Mina138
Utterly useless hippy drivel about gender roles in cottage management, liberally strewn with exclamation points inside inane anecdotes, and a recommendation to go buy a nolo book for yourself and your attorney - who'd better not need a nolo book, if you're paying him to set up a cottage LLC. At least I've learned that happy families are all alike [morons?] while unhappy cottage-owning families are a more exciting spectrum of disharmony. Also there's a recounting of how one nut named his rhododendrons for his dead parents and offers them liquor. This is the worst thing I've bought all year, and just looking at it fills me with self-loathing for having it in my house still.
0 of 2 people found the following review helpful.
Two Stars
By Amazon Customer
Very little practical application. It is a socialogical treatise on Cottage Ownership and inheritance.
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