“How to navigate intergenerational land and wealth transfers without your family being torn apart” The Cattleman Magazine
The Texas and Southwestern Cattle Raisers Association’s The Cattleman Magazine recently published my article “How to navigate intergenerational land and wealth transfers without your family being torn apart.” Although it is targeted toward ranching families, the information in this piece is applicable to all families.
When my grandfather, Edward Cunningham Lasater, died in 1930, his South Texas ranch was in financial trouble. For years, he had struggled against a mountain of debt incurred to purchase land that stretched from southeast of Falfurrias, northwest towards Realitos. And yet despite his efforts, at the time of his death, the estate was still burdened, as the country segued from an agricultural depression during the 1920s into the financial depression of the 1930s.