Preserving Your Family Cabin For Future Generations
A family cabin is often the centerpiece to important, lasting memories. Making sure that your cabin remains in good hands, however, can prove difficult without proper planning. Fortunately, with a bit of legal foresight, you can make sure that your loved ones can enjoy your cabin for many years to come.
At Scott + Hespen Law, PLLC, we understand that a comprehensive estate plan should consider what becomes of cabins and vacation properties. We have a wealth of experience in helping Minnesotans protect their cabins for future enjoyment, and we can help you as well.
Avoiding Potential Problems Down The Road
As a family cabin can be a cherished piece of property, how it is cared for can become contentious in the event of the owner’s death. By creating a cabin trust, you can prevent any future uncertainty and tension. This type of trust allows you to:
- Create clear guidelines for cabin use
- Protect your cabin against divorce
- Determine maintenance responsibilities
- Outline equity and tax scenarios
A little planning can often go a long way. Thinking about and plan for the longevity and vitality (and stress-free transfer of ownership) now gives your family the peace of mind they need to enjoy the property without worrying about for the future. We will create a custom plan that provides the right solution for you and your family for generations to come. Cabin and vacation home planning is an important part of a well-crafted estate plan.
Start Planning Today
At Scott + Hespen Law, PLLC, we can help you take steps to preserve your cabin’s legacy. Call our St. Paul office today at 651-968-1457 or toll-free at 866-442-3092 to arrange for a consultation. For your convenience, our firm is also available via email by visiting our contact page.