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Today on “Splitting Heirs,” host Warren Racusin speaks with Molefi McIntosh and Mavis Gragg about the “heirs’ property problem--” or what happens to real estate when it is passed down...
USDA Forest Service Research(NEW YORK) -- In America, land is a valuable resource providing economic stability and growth for many people, and is often passed down from generation to generation. But for some low-income and minority Americans, property acreage passed on as a family heirloom can turn into a nightmare. Melvin Davis, 83, said he never intended for him or his brother, LiCurtis Reels, to end up in jail over their family's land, but told ABC News it was something he knew he "had to do." The brothers are third-generation descendants of Elijah Reels, their great-grandfather w...
(NEW YORK) — In America, land is a valuable resource providing economic stability and growth for many people, and is often passed down from generation to generation. But for some low-income and minority Americans, property acreage passed on as a family heirloom can turn into […]
USDA Forest Service Research(BEAUFORT, N.C.) -- In America, land is a valuable resource providing economic stability and growth for many people, and is often passed down from generation to generation. But for some low-income and minority Americans, pro...
“We’re really leaning into heirs’ property as a way to prop up family wealth creation,” said Irvin Cohen, who heads the group organizing the push-back. “On the other end of the pendulum, I would like to think of it as we are averting a homeless situation.”