Quote Originally Posted by iris lilies View Post


My opinion is that DH and his siblings are devaluing a significant asset by breaking up land. In my opinion, every parcel that is removed from this family farm devalues the rest of it because much value is in adjacent pieces. How much is being devalued I do not know, that’s intangible and there’s no way I could put a price on it. As it currently stands, for those who are curious, our household’s share is worth $250,000 according to today’s farm prices.

Benefits of breaking up the land............
You don't have to keep badgering that one relative for their part of the property taxes, while everyone else has to cover it.
You have clear ownership, without family hindrance on, do you want to build, farm, hunt, orchards, tree farm, etc. You can give permission or restrict family from coming onto the property, where you can't, if it is joint.

Uhm, what were the negatives?