White Iron Chain Of Lakes Association

News & Updates Blog

Cabin Trust Webinar

Wednesday, 17 August 2016

Learn How to Put Your Cabin or Lake Home in a TRUST or LLC for Your Family!

Wednesday, Sept. 7^th 1:00 pm – 3:00 pm CST

If your lake cabin / home is the center of your family, the gathering place, the spot where friends and extended family gather to create life-long memories, then you may want to attend this seminar. Often our places are considered heirlooms, not assets. But moving a place from one generation to the next can be difficult. Recent changes to the Minnesota gift tax will require further planning. Now you and your heirs can establish a future for the family place that has been so important.

Find Out What Can Happen Without a Cabin Trust or Cabin LLC…

Disputes arise over who should pay the taxes, insurance and maintenance

Interests pass to unintended heirs Interests in the cabin may go through multiple probates

Unexpected loss of step-up in basis

Disputes over who gets to use the property and when they get to use it

Too many common owners with too many different interests and financial situations to be workable

Find Out What Can Happen With a Cabin Trust or Cabin LLC…

Avoid disputes and bring family together for generations to come

Reduce estate and gift taxes and avoid multiple probates

Can be stand-alone or added to your existing will or living trust

Provide a cash endowment to fund taxes, insurance, maintenance, even a new boat

Create an orderly schedule of use, rules regarding guests and expense sharing agreements

Plan for cross purchases between siblings and other heirs

This is a Free Webinar!

Wednesday, Sept. 7^th 1:00 pm – 3:00 pm CST

Watch this Live Webinar from your computer!

At this live, interactive webinar you can ask questions and interact with presenter Frank Heers if you desire. Frank is a long time MLR member, and has 25 years' experience in creating Trusts and LLC to preserve family legacies. His webinars are fun, engaging and informative.

Use this link to register for the Cabin Trust Webinar: https://www.anymeeting.com/AccountManager/RegEv.aspx?PIID=EC56D682874C3C

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