When times get tough, the tough get.. sharing

The motto of the The Four Musketeers, ‘All for one and one for all’.. sits well with the concept of fractional ownership in today’s economy. Solidarity, unity and loyalty are important characteristics to be had in 2009. Bearing in mind the implications of the GEC (I promise I’ll mention it only once), it is a good time to consider, or reconsider whether you really need that Nissan GTR / Custom made super yacht or Mallorca mansion.

Sometimes the answer isn’t to sell. It’s probably a bad time to sell. I don’t suggest you do it. And yet perhaps you need the money.. OK, so you don’t need it, but it is becomming harder to justify to your wife / husband that it is a necessity. Instead of sell up, why not fractionalise?

Almost anything can be fractionalised, or shared – employees, yachts, cars, boats, real property (consider you holiday house in the Maldives), jewelery, animals (dogs and horses for example). The benefits? You retain ownership of your little beauty, you ensure it is kept in good hands, the resource is made good use of and most importantly, you can quieten your partner because you’ll get some money back for offering it up for sharing.

The most important aspect of sharing, or fractionalising, is to ensure the terms on which you act are clear cut. that is, both the legal terms of who owns what, and also the practical terms, such as what happens to your race car when it isn’t in use, who fills it up with petrol, who replaces the windscreen when a stone hits it on your Sunday morning exhiliration drive? The best way to deal with these matters? have everything agreed in a written agreement.

Of course we provide all the fractional ownership documents you require. That goes without saying. If you need more info on fractional ownership, talk to the specialists at Yours2Share.com – our partners in fractional ownership.

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