Can I leave the land to my children?

Question

Accepted Answer

Yes. From closing day the land is legally yours, with the Warranty Deed recorded in your name at the county, so it is part of what you own and can pass to your family like any other property. If a balance is still owed to TerraFunded at that point, the Promissory Note and Deed of Trust you signed at closing set the terms, and we work with families who reach out early. If you want to plan ahead by placing the land in a trust or an LLC, that is possible later with our written consent: ask us and we work with you on the paperwork. For how inheritance works in your situation, consult a Texas attorney.