Cottage Succession Law: How to Keep Your Cottage/Legacy Property in the Family for Generations to Come
Family Cottage Succession Planning – Approximately 80% of cottage/vacation home owners plan to pass on the property to their children. The goal of cottage succession planning is to set up legal ground rules that provide the best chance to keep family property in the family for future generations. A cottage succession plan will typically address concerns through the creative use of a limited liability company (LLC), a trust, or in some cases a different entity structure or agreement, to own and maintain the property.
Mark E. Kellogg, Esq.
Fraser Trebilcock Davis Dunlap & Cavanuagh, P.C.
Cottage Law Center (Cottagelaw.com)
Mark E. Kellogg is an attorney and CPA, with the Michigan based law firm of Fraser Trebilcock. He specializes in the field of cottage law, drawing on his estate planning, real estate and business law background. As a lawyer, CPA, and authority on a variety of business, estate planning, and real estate issues, Mr. Kellogg has 40 years of experience in representing individuals, families and corporations on a number of legal matters related to the ownership and transfer of ownership of various properties, including LLCs and trusts. Mr. Kellogg is a graduate of Hillsdale College and Washington & Lee University School of Law. He has worked with families who own all types of vacation and legacy properties located all over the United States and Canada. Mark has been recognized for his excellence in the legal field by listings in The Best Lawyers in America, in the area of Closely Held Companies and Family Business Law and Corporate Law (first listed in 2014); as a Super Lawyer since 2010 for Estate & Probate; and as a Leading Michigan Lawyer for Trust, Will & Estate Planning (first named in 2013). Mark was also recognized as a 2024 Managing Partner of the Year by Michigan Lawyers Weekly.
