The family cottage -- just the mention of it brings memories of many good times, magical years that went by, and special loved ones who have made it all possible. It's part of your heritage. As one generation passes to the next, you may have questions about how to pass the family cottage along as well. And as families grow, more and more people want to use the cottage. How do you manage that fairly?

So much is at stake: Family relationships, emotions, money, value perceptions, and ownership responsibilities. And of course, property taxes and the possible "uncapping" of taxable value according to Michigan law, when cottage ownership changes hands.