William (caller)
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It's a pleasure to speak with the both of you.
I'm very new to Ramsey Solutions, so bear with me.
This is for sure a cult, William.
You guys are great.
Well, I will, uh, I'll be coming into, um, a pretty sizable inheritance that will be, uh, in the form of cash and land.
Uh, but my question really has to do with the land side of this.
Um, the land is worth in the neighborhood of $3 million.
Um, so it's a pretty sizable amount of, of land, um, that my family has, you know, amassed and passed down since my, you know, my family immigrated here.
So the generation before my parents made it very clear to them that their wish was that the land was not meant to be sold.
And my parents honored that and added on to that land by buying up the acreage next door to it and so on and kept building out.
So they honored that wish and they didn't sell it, but they did not place that expectation on me.
I have moved away and simply don't want to manage the land, even though there are ways I could generate income from the acreage, like logging or renting out the fields to cover the taxes.
But I just don't necessarily want to do that.
And so essentially, do I have a moral obligation to keep this land?
Um, so when, when we did have these conversations, essentially what my father was big on is it's going to be your decision.
Um, but this is how our family and generations that have come before us have felt about it.
It's the balls in your court.