Cohousing-L Mailing List: Re: a bequest to our community

[Chris ScottHanson (cscotthanson]

Shari,

What a generous offer! You (plural) will want to proceed to discuss this 
request with an experienced estate/probate lawyer - immediately. You want to 
get the paperwork in place with all the documents necessary to allow for a 
smooth transfer when the time comes.

I assume the community will want to keep the unit as a rental, but maybe that 
is not your intent. If you intend to resell it and use the proceeds for your 
community reserve fund, you should probably talk about that with the grantor 
now.  In other words, I suggest you discuss long-term use of the ownership of 
the unit now.

Let me know if you have trouble finding a good lawyer. I can find one for you 
quickly.

Chris ScottHanson
Fifth Street Commons
130 Fifth Street, C202
Langley, WA 98260

(206) 601-7802



On Mar 3, 2014, at 7:34 PM, Shari Hirst <sharihirst13 [at] gmail.com> wrote:

> 
> One of our members would like to bequeath his unit to the community when he 
> passes away.  Has anyone had any experience with such a request?  What would 
> he/us need to do to make this happen with the least problems.
> 
> Thank you in advance.
> 
> Shari Hirst
> Sand River Cohousing
> Santa Fe, NM  87507
> sharihirst13 [at] gmail.com 
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