What happens to the beach house when mum and dad die?

This article published on OneRoof warns of the issues and conflict that can be caused by sharing holiday homes amongst extended family.

In summary:

- Owning a bach is increasingly difficult due to high coastal property prices, often leaving inheritance as the only option.

- Multi-ownership can cause family conflicts, so agreements on management and expenses are essential.

- Experts recommend property sharing agreements to manage costs and prevent disputes among siblings.

To learn more about the considerations and pitfalls you need to be aware of, read the full article we contributed to on OneRoof.

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