They manage them on a case by case basis. A lot of things come into play, taxes on property, maintenance, etc.

In my experience the trust retains the property until it is no longer economically feasible to own it for the sake of the beneficiaries.


One example:

I sold a property that had been put in a Trust by the mother of the kids ( beneficiaries). One kid lived on the property about 1/2 the time along with some buddies always in tow. The other kid was unemployed and basically had no income other than what liquid assets the trust had in it.

It was a pretty highly improved property, taxes were pretty high and property produced no income. Trust ordered the property to be sold with the proceeds first paying off whatever debt was on the land then the balance to be distributed among the beneficiaries according to how the Trust was structured.

If the beneficiaries are financially sound and there is no need to liquidate assets it’s likely the property will remain under the Trust

I haven't met many Trust Officers, but none have impressed me. 'Always seemed like they couldn't hack any other position at the bank.

There are few good ones. Like the 1031 exchange folks, thr best ones I have found are from out of state

I originally posted. My original question was: How is the pandemic affecting deer leases / deer leasing?

Demand is up.

I tend to agree, demand is up ... just like the demand on "toys" for alternate escape paths during these weird times.

More people living in Texas, less Rural land available for lease, demand is high.

A lot less land is hunted now than 20 years ago.

It’s not a issue of land is an issue of landowners willing to lease