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feb · 12-29-2006, 03:16 PM

Over time I've noticed that a fair amount of lake property is held in Trusts, Irrevocable Trusts, or something like that. Why is that? Is it a simpler way to hand it down from generation to generation or some way to lessen the burden of owning it? Just good old estate planning?

12-29-2006, 03:16 PM	#1
feb Senior Member Join Date: Apr 2004 Location: Meredith (Winnisquam) & Nashua, NH Posts: 215 Thanks: 25 Thanked 20 Times in 17 Posts	Why "Trusts"? Over time I've noticed that a fair amount of lake property is held in Trusts, Irrevocable Trusts, or something like that. Why is that? Is it a simpler way to hand it down from generation to generation or some way to lessen the burden of owning it? Just good old estate planning?