Owning a vacation home can create complicated family estate and income tax issues. Planning for the transfer of the family cottage requires a series of thoughtful steps. The cottage can be any vacation home and, whether it's a ski chalet or condo, waterfront property or hunting land, all have financial and emotional ties to a family.
Edward S. Gusky, an attorney with Kotz Sangster Wysocki P.C., has been appointed Real Estate Practice Group Leader. In announcing this appointment, Gregory L. Wysocki, CEO, stated that he and the firm “are looking forward to Ed’s maintaining the group’s high practice standards, and building new marketing strategies. Ed is known for providing practical and insightful advice, based on an intimate understanding of a client’s particular needs and concerns.”
Gusky has been with Kotz Sangster for three years, focusing on all aspects of real estate law, including complex real estate transactions and financing. He also has extensive experience representing borrowers in connections with multi-family loans insured by HUD/FHA, closing in excess of $400,000.000. He has represented borrowers and lenders in sophisticated financial transactions, including multi-family residential properties, assisted living facilities, commercial shopping centers and office buildings in Michigan and throughout the nation.
He is also a member of the firm’s Lending and Finance, Mergers and Acquisitions, and Corporate Services Practice Groups. Mr. Gusky is a graduate of the University of Michigan Law School (J.D., 1998) and received his undergraduate degree from the University of Michigan (with distinction, 1994). He was named by DBusiness Magazine as a Top Lawyer in Metro Detroit for 2016 and also holds an AV Preeminent Ranking from Martindale Hubbell. Mr. Gusky is licensed to practice in both Michigan and New York.
Founded in 1978, Kotz Sangster Wysocki P.C. is a firm of more than 35 attorneys with offices in Detroit, Bloomfield Hills, Grand Rapids, Niles, Buchanan and South Haven. The firm is powered by its commitments to provide superior client service with consistently favorable results, in an environment of continuous professional growth. As a member of Lawyers Associated Worldwide (LAW), the firm has access to a global association of over 100 independent law firms located in 180 major commercial centers in 60 countries throughout the world.
For further information, contact Greg Wysocki, CEO, in Detroit at 313.259.8300 or visit the firm’s website at www.kotzsangster.com.
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