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re: Living on a ranch in south Texas far from the city
Posted on 9/26/22 at 9:46 am to GREENHEAD22
Posted on 9/26/22 at 9:46 am to GREENHEAD22
Yea there is no chance I would ever sell it. Worst case I will just move to the hill country or something and buy a small plot of land there and visit from time to time but. I like the idea of being able to go to the ranch any time I want and living in San Antonio or whatever wouldn’t cut it
2
Posted on 9/26/22 at 10:56 am to justaniceguy
Moved to the ranch in March 2020. Same story. Not a bad way to live, endless projects to handle and lots of Shiner beer to drink. Best part you can shoot guns and pee anywhere; anytime. 
Posted on 9/26/22 at 12:33 pm to justaniceguy
quote:
Yea there is no chance I would ever sell it
Unfortunately, at this time, it is not yours to keep or sell. The more people involved, the more of a shitshow it can become. Don't ever assume it will be an easy transition, you may want to get some assurances before you commit to living out there. I'd even get your family to an estate planner to discuss transitioning down the road.
Money makes people do crazy things.
My mother in law put their 2 ranches in West Texas in a trust after the FIL died. The only suggestion I had was an independent executor to preeminently strike down the cluster of the siblings being co executors of the estate. Be prepared to buy people out if it's what you really want.
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