Chicago Tribune Feature

Cottage law attorney Mark Kellogg was interviewed by the Chicago Tribune for an article detailing the intricacies of vacation properties left behind for families, and the importance of implementing a succession plan before a family member has passed … [Read more...]

Ten Reasons Why You May Want to Consider a Family Cottage Succession Plan

The goal of cottage succession planning is to set up legal ground rules that provide the best chance to keep a cottage in the family for future generations. A cottage plan usually addresses concerns through the creative use of a limited liability … [Read more...]

Announcing the Succession of the Cottage Law Practice of David S. Fry

The Law Offices of David S. Fry, PLC and Fraser Trebilcock are pleased to announce that as of January 1, 2019, the Cottage Law practice of David S. Fry has been transferred to the law firm of Fraser Trebilcock with attorney Mark E. Kellogg of that … [Read more...]

A Sad Story From a Client – A Lake House Lost…

One of our clients, Joe, told us the sad story of how his friend’s family lost their lake house recently.  The family raised their children at the wife’s parents' lake house.  The wife’s brother was managing mom's affairs after her father passed … [Read more...]

Incorrect 2017 Notice of Assessment?

Notices of Assessment need to be sent by Townships to homeowners by March 1.  PLEASE NOTE, if you believe that your taxable and/or assessed value is incorrect, you may protest to the Local Board of Review, but you have a VERY limited time in which to … [Read more...]

MI Uncapping Laws-Legislative Update January, 2017

The subject of property taxes on Michigan real estate, particularly vacation property, has received a great deal of attention lately.  Because of recent changes in the property tax system in Michigan, it is now possible to transfer ownership of … [Read more...]

Property Taxes in Michigan

One of the most significant expenses of owning and maintaining vacation property is property taxes.  Michigan has a somewhat complex and often confusing system of accessing taxes.  We have provided the most current information, which will explain how … [Read more...]

PUBLIC ACT 310 NOW EFFECTIVE!

PUBLIC ACT 310 NOW EFFECTIVE! Public Act 310 of 2014 (HB 5552) was passed and signed by Governor Snyder in October, 2014. This new law created another exemption from the “uncapping” of property values for property tax purposes on transfers of … [Read more...]

PUBLIC ACT 497 NOW EFFECTIVE!

Public Act (PA) 497 was passed and signed by Governor Snyder in December, 2012, and created an exemption from “uncapping” of property values for property tax purposes on transfers of ownership of residential property (including vacation property) if … [Read more...]

UPDATE ON PUBLIC ACT 497 OF 2012-UNCAPPING TRANSFERS OF PROPERTY

On December 16, 2013, the Michigan State Tax Commission issued Bulletin 23 which deals with transfers of ownership of real property and the impact on taxes assessed on transferred property.  The State Tax Commission is a 3 member agency appointed by … [Read more...]