I once drafted an appeal before the US Court of Appeals having to do with THE RULE AGAINST PERPETUITIES. In a nutshell the law DOES NOT favor ruling from the grave or methods by which real estate can be controlled (like keeping it in the family as OP desired) for years and years after the death of like the Uncle or Mother in this thread.....
Per Wikipedia The rule against perpetuities is a legal rule in the Anglo-American common law that prevents people from using legal instruments (usually a deed or a will) to exert control over the ownership of private property for a time long beyond the lives of people living at the time the instrument was written. Specifically, the rule forbids a person from creating future interests (traditionally contingent remainders and executory interests) in property that would vest beyond 21 years after the lifetimes of those living at the time of creation of the interest, often expressed as a life in being plus twenty-one years. In essence, the rule prevents a person from putting qualifications and criteria in a deed or a will that would continue to affect the ownership of property long after he or she has died, a concept often referred to as control by the dead hand or mortmain.
Its a great thought to keep property in the family and indeed it is possible when handed down generation to generation BUT IT CAN BE DIFFICULT OTHERWISE and requires quite a bit of complex legal wrangling (yet still subject to challenge)
Regardless, the question posed by the OP can not be answered here by lay or even professionals absent thorough research but hey its fun to read differing opinions to see what people think of such topics. As Ive often noted any Electrical or Legal question draws out more opinions and responses then any other and as an electrical engineer and attorney I enjoy them and love to participate.
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Today's Featured Article - Grain Threshing in the Early 40's - by Jerry D. Coleman. How many of you can sit there and say that you have plowed with a mule? Well I would say not many, but maybe a few. This story is about the day my Grandfather Brown (true name) decided along with my parents to purchase a new Ford tractor. It wasn't really new except to us. The year was about 1967 and my father found a good used Ford 601 tractor to use on the farm instead of "Bob", our old mule. Now my grandfather had had this mule since the mid 40's and he was getting some age on him. S
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