Passing on Vacation Homes Popular Speaker Series Program

Posted on February 9, 2018

The Naples Trust Company held a program entitled, “Passing the Vacation Home on to Your Heirs” at The Naples Yacht Club this week, presented by Alison K. Douglas, J.D., Cummings & Lockwood, LLC in Naples. Ms. Douglas spoke to a full house of attendees eager to learn how to handle the substantial decision of preserving the family home for their children and grandchildren; bequeathing it to one or all children, or selling the property outright during life. Depending on one’s situation – titling, trust and tax issues must be considered for the best possible outcome. Cherry Smith, Naples Trust Company Wealth Services Advisor provided several real-life situations that demonstrate the complexity of real estate combined with deep emotions, which can make the choice to bequeath or sell a decision requiring significant forethought and planning. We are here to help you through the process. Read the full article “Family Vacation Homes – Blessings or Curses?”