"Harry Krause" wrote in message
. ..
JohnH wrote:
I will soon be moving my boat down to the Rappahannock River to make it
available to my kids for their use. Right now the drive for them is much
too long. As part of the deal, we three families will share expenses for
storage, maintenance, and insurance. I will retain title to the boat. I'd
like to draw up an agreement of some sort for such a use of the boat.
Any ideas on what considerations I should include therein?
--

In addition to all the financial-based caveats that have already been
offered, I would advise you to ask yourself about your family member's
existing skill set in regards to operating and maintaining a boat. Has any
of them ever taken a boating safety course? A financial loss is one thing,
but imagine how you'd feel if a family member was seriously injured in a
boating accident due to a novice operator.