Family Trusts - Protecting Your Land & Legacy
Episode 62 — Family Trusts: Protecting Your Land and Legacy
If you own farmland, hunting acreage, or a cherished outdoor property, how can you make sure it stays in your family—and out of probate—for generations? In this episode, attorney and estate planner Sidney Wheelan explains how a family trust works, the benefits and potential drawbacks, and real-world strategies for keeping land in the family without disputes or court battles.
You’ll learn:
- What a family trust is and how it’s structured
- Why trusts are especially valuable for farms, hunting land, and recreational property
- The top benefits (and a few drawbacks) of using a trust for land ownership
- Common mistakes to avoid when setting up a trust
- Practical tips for ensuring smooth succession and shared use
Whether your goal is to preserve agricultural use, protect a favorite hunting cabin, or keep family traditions alive, this episode gives you the knowledge to start planning with confidence.
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Until next time, grab your favorite latte, hold your loved ones tight, and have a great week! ☕
WheelanLaw.com
This podcast episode contains general information for discussion purposes only. Each case is different and must be judged on its own merits. Missouri rules generally prohibit lawyers from advertising that they specialize in particular areas of the law. This article should not be construed to suggest such specialization. Nothing on this site should be taken as legal advice for any individual case or situation. This information is not intended to create an attorney-client relationship, and the listening or viewing of this podcast does not constitute an attorney-client relationship. The choice of a lawyer is an important decision and should not be based solely upon advertisements.