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Need legal advice on Family Ranch Land
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<blockquote data-quote="backhoeboogie" data-source="post: 1159920" data-attributes="member: 3162"><p>My grandfather left his place "undivided". Lef the mineral rights undivided too. </p><p></p><p>Property might as well be public park property now. No one can use it and no one can agree on much. Timber companies want to clear cut the place. Take out all the old growth hard wood along with the pines. Half of us won't stand for it. So it sits there. </p><p></p><p>My aunts and uncles signed off their mineral rights to a sleazy land man for not much more than a song. Each of them gave up over a quarter million. Two uncles sided with me and signed for what I signed for. Now the others are crying foul. </p><p></p><p>It is a mess. </p><p></p><p>Grandaddy's intent was good but good intentions don't do a lot. </p><p></p><p>Me and some cousins claimed clear titles to other properties. In 31 years, no one has sold. It is all still in the family. Each person has a say in what happens with their piece. We all get along. Works for us. </p><p></p><p>Don't know what will work for your descendants. Based on my experiences, I say it is a very bad idea. On the other hand, I understand the intent. </p><p></p><p>I got my own place. On my own.</p></blockquote><p></p>
[QUOTE="backhoeboogie, post: 1159920, member: 3162"] My grandfather left his place "undivided". Lef the mineral rights undivided too. Property might as well be public park property now. No one can use it and no one can agree on much. Timber companies want to clear cut the place. Take out all the old growth hard wood along with the pines. Half of us won't stand for it. So it sits there. My aunts and uncles signed off their mineral rights to a sleazy land man for not much more than a song. Each of them gave up over a quarter million. Two uncles sided with me and signed for what I signed for. Now the others are crying foul. It is a mess. Grandaddy's intent was good but good intentions don't do a lot. Me and some cousins claimed clear titles to other properties. In 31 years, no one has sold. It is all still in the family. Each person has a say in what happens with their piece. We all get along. Works for us. Don't know what will work for your descendants. Based on my experiences, I say it is a very bad idea. On the other hand, I understand the intent. I got my own place. On my own. [/QUOTE]
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Need legal advice on Family Ranch Land
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