Protecting the Family Vacation Home for Generations
May 1, 2025
A family vacation home is often more than an asset — it's the place the family gathers. Keeping it in the family for the long term takes more than good intentions.
Options include LLC ownership with a written use-and-cost agreement, qualified personal residence trusts, and cabin trusts that spell out how the property is shared, maintained, and eventually transferred. Each addresses a different piece of the problem — cost sharing, tax exposure, and the very real risk that a future divorce or bankruptcy pulls the property away from the family.
Have a question about how this applies to your family in Maryland? Schedule an introductory call with Johnson Law — flat fees, no pressure, straight answers.
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