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| Set up a trust now, passes upon death probate free. May want to establish an LLC within the trust so they can exchange shares amoungst one another to divvy it up. Much easier than figuring out where to establish new property boundaries on an equal value basis. Make a stipulation that if they sell, ( buy-sell agreement) must offer to an existing member first at a discounted value. Much better chance the land stays with a family member that way. You can dictate the rules if that is your desire.
Edited by Boone & Crockett 3/12/2019 11:56
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Considering changing Will. Getting rid of Undivided interest.
