Hmm. If your mom is the sole heir in his will, then it WILL remain in the family. Assuming, of course, your uncle doesn't require long term care that eats up his equity in the farm. There's really no point in putting his farm in a trust; your mom will inherit the property when your uncle passes. If your mom inherits the property, it gets a new cost basis, which will be really important if and when it's sold, so don't try do anything to circumvent probate, like getting your uncle to gift the property to you before he dies.
If your uncle has had to go on Medicaid (highly probable), the state will have a lien on his property. It will be up to your mom to decide whether to pay off the lien or auction the property. Again, don't try to outsmart the state, say by having your mom sell you the property at a below-market price. Those folks have seen every scheme there is, and they won't be fooled by yours.
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Today's Featured Article - Listening to Your Tractor - by Curtis Von Fange. Years ago there was a TV show about a talking car. Unless you are from another planet, physically or otherwise, I don’t think our internal combustion buddies will talk and tell us their problems. But, on the other hand, there is a secret language that our mechanical companions readily do speak. It is an interesting form of communication that involves all the senses of the listener. In this series we are going to investigate and learn the basic rudimentary skills of understanding this lingo.
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