August 2020

Found 2 blog entries for August 2020.

One of the biggest barriers to passing a cottage to your children is affordability and more specifically property taxes. If transferring a cottage isn't done in certain ways, the property taxes will be adjusted to the current value (or "uncapped" as we call it). This could result in a small change, but it more often will lead to a massive tax increase. I've worked with clients who would have otherwise seen property taxes increase between 200% and 1,100% upon their passing.

These are a few tips to keep in mind to avoid this property tax increase and make the cottage affordable for your children:

1.  Avoid Planning with an LLC. When the Michigan legislature changed the property tax laws, it didn't make the LLC a favorable entity to use. When the

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De Boers Bakkerij and Dutch Brothers Restaurant | Andrea Crossman Group

This week on the Andrea Crossman Group blog, we’re going to begin a series of monthly spotlights on area businesses, restaurants, events, and other hot spots that make West Michigan a unique and beautiful place to live.

With its beautiful natural resources and waterfront towns, West Michigan features a diverse collection of events, eateries, and attractions all found along the Lake Michigan coast.

Perched on the shores of Lake Macatawa, Holland, Michigan is well-known for it’s Dutch Heritage. The town also features some of West Michigan’s most beautiful parks and beaches, with a thriving boating community and terrific fishing as well.

Holland’s Dutch heritage also means there are some unique attractions for residents and visitors alike

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