Keeping the Vacation Home in the Family Using LLCs, QPRTs and Dynasty Trusts
Kelly Green, The Wall Street Journal, Who Gets the Vacation Home?:
Is there a way to hand off a vacation home to the next generation so that everyone still wants to spend time together there? Tensions often mount when a family figures out what to do with a property that could be a lightning rod for sibling rivalries—not to mention a sizable chunk of an estate. Creating a new generation of family vacationers is the exception, not the rule, and it requires thoughtful planning.