On the jointly owned property front, we are meeting this weekend to discuss increased property valuations from previous appraisals, talk about what portion of the land everyone would prefer to have and see if we can move forward with an amicable partition. For @NAAL, our dads estate lawyer has recommended that, upon his death, we create an LLC with his assets and each of us 3 siblings have our own trust to own a share of that LLC. By waiting till his death, we should get a step up in cost basis of the separate land he currently owns and his partitioned portion. This is a big deal for us as his current cost basis is from 1959 and 1983 and parts of the land value have increased almost 10,000%. Having the land in an LLC also provides a level of separation from our personal assets and will be used to sell dads other asserts (house, other land, etc). We plan on keeping enough cash/liquid investments from dads estate in the LLC to pay for some improvements/operate the property for our and our children’s enjoyment. We will also have a partition plan already in place if one of us siblings or our kids wish to have their own separate property or want to sell out.