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<blockquote data-quote="dennishoddy" data-source="post: 3712597" data-attributes="member: 5412"><p>Good move!</p><p>If you want to make sure it’s passed down to family put it in an irrevocable trust with stipulations that it can’t be used as collateral to secure a loan or anything like that. </p><p>Put enough money in a separate account to pay the taxes on the land for many years so the sheriff doesn’t sell it for delinquent taxes.</p></blockquote><p></p>
[QUOTE="dennishoddy, post: 3712597, member: 5412"] Good move! If you want to make sure it’s passed down to family put it in an irrevocable trust with stipulations that it can’t be used as collateral to secure a loan or anything like that. Put enough money in a separate account to pay the taxes on the land for many years so the sheriff doesn’t sell it for delinquent taxes. [/QUOTE]
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