Estate Planning for Real Estate: Don’t Forget Your Deeded Timeshares!
With our office in Cambridge, we are constantly reminded of the soaring real estate market. As I look in every direction from our Third Street office, I can see a handful of tower cranes being used in the construction of new or renovated buildings. In addition to the commercial boom, we are all very aware of the surge in residential real estate values. Many residents in and around the Boston area have owned their homes for a number of years and are witnessing value increases at unprecedented rates. For many of these homeowners, their home is one of their largest assets and they often expect to age in place. A homeowner may ask, how can I plan for passing on my legacy?