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Reply to "Getting so much crap for wanting a vacation house of our own- thoughts?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Stop discussing it with them and just do what you want. [/quote] +1 Assuming this is what you want just do it. I wouldn't be visiting either cabin based on the space/accommodations you described.[/quote] NP and I agree with this. Also: you wrote this, OP: [i]They also keep reminding us that we will eventually inherit 1/2 of inlaws and 1/3 of my parents.[/i] I know a bunch of families I grew up around, friends of my parents with lakeside houses etc. And when that next generation inherited 1/2 or 1/3 of a cabin? Never ended well. Not once. Permanent rifts in one case; in other cases, ongoing tensions over who got the house, for how long, who left it in a mess, etc. etc. Very nice families, considered themselves close, but co-owning a vacation property even with someone you love and get along with STILL creates tensions. Especially, OP, since you want to do things like put your own imprint on a cabin with your own decorating, and you're done with sleeping on air mattresses and sharing etc. -- Get what you want; do not make a habit of having the family stay there (guess what...they have their own cabins where they can vacation!) and frankly, I would not want that 1/2 or 1/3 share in other cabins. Period. I'd tell the folks long before they died: Please leave your cabin 100 percent to other sibling or whatever. Co-owning won't end well and by then you'll have your own cabin anyway. Though from all the pressure your loving family puts on you--honestly, I'd want my vacation cabin to be in a different location so they weren't comng over and then carping about how it wasn't as great as the "family cabins." Because that's likely to happen too. I'm not sour on owning a vaction house, just on co-owning one, or having one so close to other family who have made clear they feel entitled to get into your business.[/quote] This on the inheritance thing. Nobody should be leaving 1/3 of a vacation house in a will. There should be a process to decide if any of the kids actually *wants* the house. They either buy out the others’ value upon settling the estate or their value of the other part of the estate gets reduced. 2nd generation sharing a vacation house (with expenses, maintenance, taxes, usage agreements, etc) is a recipe for awful family dynamics. [/quote]
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