Legal Question in Wills and Trusts in Missouri

Establish residency

My father and stepmother had a trust agreement on two pieces of property. One is a farm that he designated would go to me and my brother, and the other is a house that would go to her side of the family. (Close to equal value) He passed away 3 years ago, and my brother and I want to start improving the farm with some buildings and eventually retire on the farm.

What do I need to do to establish a residence there, and improve the property without loosing everything in a battle with her side of the family. They have already sold the house and re-invested in a condo for her. No problem on my part. I do not ever intend to sell the farm, and would do nothing to detract from it's value.

How do we protect ourselves and any investments we make?

I have been taking care of the farm for the last 6 years by myself and would like to begin taking some of the expense off my taxes.

Thankyou in advance for any advice.


Asked on 2/26/07, 1:22 pm

1 Answer from Attorneys
Joseph Burcke Joseph R. Burcke, Attorney at Law

Re: Establish residency

I will be happy to review the trust indenture for you and explain your options. No one can give you intelligent advice without seeing the trust document first.

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Answered on 2/26/07, 2:04 pm


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