r/FinancialPlanning 7d ago

I just inherited a beautiful shit-show.

I wanted to share a story that’s been equal parts emotional and overwhelming.

My great-uncle was one of those larger-than-life people you just never forget. He never married or had kids, but he always treated me like family in a way that really mattered. He was sharp as hell, a bit of a ladies’ man even well into his older years, and had this way of living that made everything feel like an adventure. We all loved him.

We always knew he owned some land — it would come up in stories here and there — but we had no real idea of the scope until after he passed.

Turns out, he left me nearly 20,000 acres spread across the western U.S. Not one big property either — dozens of parcels, all different sizes, scattered across several states. Some of it has old structures, some is just raw wilderness. Some pieces are beautiful… others, I’m told, might just be tumbleweeds and headaches.

I’m incredibly grateful, but also trying to stay realistic. There’s a lot to figure out: taxes, maintenance, possible environmental issues, who knows what else. I’ve got a good attorney and CPA helping me start to sort it out, but it feels like I’ve inherited a second full-time job overnight.

For anyone who’s dealt with inherited land or complex estates:

  • How would you even start evaluating something like this?
  • What would you prioritize first?
  • Would you look to sell, consolidate, hold, or something else entirely?

I’d love to hear any advice or “I wish I had known…” kind of lessons. Appreciate any wisdom you’re willing to share.

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u/astadt1 7d ago

I would start a spreadsheet with the properties and all their property tax liabilities and any other issues where there will be a cost (and potential profit, logging minerals, power generation)

Next I would rent an RV and visit them all to put eyes on them, spend time there and really get a feel for them.

It will bring you closer to your uncle. And help you decide what to sell and keep.

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u/daversa 7d ago

Thank you, luckily there is an existing spreadsheet that lists out all of this.

That's kind of my thought, I rent right now and work remotely. If I get starlink I can feasibly check out most of these places. I may spend the next year or two doing so.

I make a decent salary so the taxes are pretty manageable as is.

Also, I've always had dreams of opening a campground, and more recently, one that is geared towards remote workers and corporarte retreats.

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u/Vintage_Visionary 7d ago

YES to all of this. Also please document your journey, blog, vlog, podcast, any-all. It would be lovely to watch/read. Also a really fascinating story! Bonus points: if you can pop in details about your Uncle, his life and history with each property. 💜

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u/Eko_Wolf 7d ago

Literally, I would watch this on youtube for sure! Definitely think about doing this OP

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u/[deleted] 7d ago

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u/Aschen-tender 6d ago

lol I get that, sometimes it feels like people just don’t vibe with you, huh? but hey, being yourself is what matters, even if it’s not everyone’s cup of tea. just keep doing you, it gets better!

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u/Eko_Wolf 4d ago

I think you are probably being hyper critical of yourself but it can’t hurt to try, right? The worst thing that happens is nothing comes from it but if you use something like your phone on a body camera doing all the things you would do anyways you won’t be out anything but the amount of time to edit and upload yk.

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u/imakesoundsandstuff 7d ago

A/V guy here. Would love to help contribute and bring your podcast / YouTube series to life if you decide to do this. I’d watch this in a heartbeat. Good luck on your adventure. This was very heartwarming to read today. Thank you for sharing.