Tuesday, May 8, 2012

No Goldilocks Office

Back in 2004, at nearly the height of the building boom in this area, we were looking to buy an office.  There were many choices that would have Patricia’s commute go right by Priscilla’s home daily.  Then working as a multi-generational team would be easier. 

We may be picky, but we just couldn’t quite find a place that was ‘just right’ for us.  It had to have the right location, size, and price.  Plus, the financing had to allow adequate arrangements between us to shift repayment responsibility and ownership in future years. 

A couple of places seemed perfect, but things just didn’t fall into place…  We realized we were back to the drawing board.

Remember how strongly growth here was booming back then?  We began to notice that Priscilla’s 5-acre home no longer seemed to be in the middle of nowhere like it was when we’d moved here more than 25 years earlier.  Building an addition might be less costly than buying a separate office building. 

Perhaps, we thought, we could live together – but in Priscilla’s expanded home rather than in Patricia’s neighborhood like we’d initially hoped to do.  Now we had to find out what zoning regulations there would be for a home office. 

Flexibility and creativity play a continuing role in our quest to benefit from having our different generations team up to benefit both.  To consider some of your own family’s long-term planning options, please call our office at (815) 436-1996 for an appointment.  ©2012 Gruber Law Office, Ltd.


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