Cottage & Lakefront Living Show - Grand Rapids

Keeping the Family in a Family Cottage

Thursday, April 08, 2010 - Print this page - Copy this page to the clipboard (IE only)


For Immediate Release
Contact:  Andrew Alt, Publicist (616) 949-2247

 e-mail: 

Mike Wilbraham, Show Producer  
Carolyn P. Alt, Show Manager
(616) 447-2860  -  www.GRCottageShow.com

 

Keeping the Family in a Family Cottage


When you’re young, spending time at the family cottage with siblings is a wonderful experience.  Unfortunately, inheriting that same cottage can be among life’s worst, when the same place that brought everyone together becomes a wedge that drives family members apart.

As a fourth-generation cottage owner, succession planning expert David S. Fry enjoys both personal and  legal perspectives on the issue.  His seminars Keeping the Family in Your Family Cottage will help patrons at the Cottage & Lakefront Living Show avoid some common, and devastating, problems.

“This is a subject that can benefit anyone who wants to leave property to family members, or people who currently own something in common – cottages, yes, and other types of property too,” says Show Manager Carolyn Alt.  “People who want to pass down something that’s important to them to more than one person will get a lot of great information from David’s seminar.”

When Stuart J. Hollander, a pioneer of  "cottage law" and author of the bestselling book, Saving the Family Cottage, passed away suddenly in August 2007,  Fry took over the cottage law practice.  “I acquired Stuart’s cottage law research, documents, and background information,” Fry says.   “It was an area I’d been involved with for several years, but now it’s become a much more central part of my practice.”

During his seminars at the Cottage and Lakefront Living Show, Fry will discuss the benefits of creating a limited liability corporation and transferring cottage ownership to the LLC, instead of to a group of individuals

“The flexibility of the cottage LLC means that each family’s unique situations can be taken into account,” Fry says.   “The cottage can then become a place of relaxation, not a source of anxiety, for its owners.”

Fry will present seminars at the show on Saturday and Sunday, according to Carolyn Alt.   “We hope that will help create a lot more happy cottage memories in years to come for families in West Michigan.”

 

For more information visit www.GRCottageShow.com

Dates & Times
Admission
Friday, April 16
3 pm - 9:00 pm
Adults:  $9.00 
Saturday, April 17
10 am - 9:00 pm Children (6-14): $4.00
Sunday, April 18
11 am - 5 pm 5 & Under: Free

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