posted 5 years ago
My Grandmother leased almost 1,000 acres to a tree nursery, then put a couple acres into a trust for a son who was extremely impaired and lived in their home until he passed, which was about 15 years after Grandma. She was advised to pay to have those two acres parceled into tiny lots. This was in the boonies where everyone knows everyone and there was only a cursory payment. (Like paying $1 for a vehicle so it could be transferred with a legal bill of sale kind of payment). Before my aunts and uncles began to pass away, 10 siblings and their children, and eventually the children's heirs, would have to be in unanimous agreement and sign before anything could be done with all those tiny lots. They were about the size of parking spaces so no one was interested, in addition to the monetary value being split between so many individuals such that there was next to nothing worth pursuing. This was early 1960s. There may be laws against tying property up like that now. I've also read that some states have laws about the minimum size of a parcel. Anyway...
Southern Illinois is stunning, especially so near the Karber's Ridge / Garden of the Gods area. (I almost bought 80 acres there in 2007.) Seems there would be substantial interest if you can get help putting what you want done in legalese. Maybe go fishing with a no-name advertisement and see what bites? Then use that feedback to further refine how you want things done? I'm guessing as rural as it is there, the circle of 'land people' is small and tight with information and assistance, though.
Good luck with it all. Most importantly, enjoy! You've got a slice of heaven down there :.)