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re: Living on a ranch in south Texas far from the city

Posted on 9/26/22 at 3:31 pm to
Posted by texn
Pronouns: Y'All/Y'All's
Member since Nov 2019
3515 posts
Posted on 9/26/22 at 3:31 pm to
quote:

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.


Very wise advice. It is rare that a ranch gets passed down intact more than 1 generation. When it gets down to 2nd or 3rd generation, there are usually relatives that want to sell. Or, the cousins don't get along so that partition the ranch into smaller ranches so each cousin will have 100% ownership of a smaller ranch.
Posted by Dominate308
South Florida
Member since Jan 2013
2895 posts
Posted on 9/26/22 at 3:41 pm to
If they are Catholic, I could live there. I despise Protestants.
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