Leaving a vacation home outright to your loved ones can create more family conflict and problems than you might think.
While a vacation home may have been a peaceful haven for you and your spouse throughout the years, your children may not look at the house the same way when it becomes theirs to manage and maintain.
In fact, many heirs of vacation homes are simply unable to afford the yearly property taxes and related maintenance costs. What mom and dad meant as a blessing actually becomes a burden to the children who were not prepared to assume these new responsibilities.