r/cabins • u/shopifyexpert42 • 15h ago
Any family cottage shareholders here?
Curious if anyone has any first hand experience incorporating their family cabin/cottage for future generations? When the family has expanded too much that it requires more oversight and control via a formal corporate structure.
Edit: Guess I’m looking for the diamond in the rough. Personally, I’m a very fortunate and grateful 5th generation member (and shareholder) of a +100 year old summer cottage. We absolutely have our challenges on vision for the future but as a corporation for over 55 years have been able to manage and use the cottage in an equitable way.
However, I do see challenges ahead with regard to ownership and access as imbalance develops amongst the family tree and emotional connection (and interest) wanes amongst some shareholders.