Black farmland ownership in 1910 was over 15 million acres of land; 2024 less that 2 million acres are owned by
Black farmers.
Heirs’ Property ownership impacts rich, poor and all races of Americans. The data also shows that Black, Latino and Native American populations are most impacted by heirs’ property.
80% of rural and agricultural land lost by Black Americans between 1907 and 2007 played a real role in widening the wealth gap.
Heirs’ property (HP) is defined as real property located in rural, urban and commercial landscapes passed down over multiple generations without a will or improperly formed will.
Real property is considered immovable or permanent, stand alone land or house/building and the land on which it is constructed. HP is created when a deceased owner of real property does not leave a will or does not leave a properly constructed will according to each state’s intestate succession laws. The result is fractional ownership of the land without a clear title that can be lost to theft and unpaid taxes. With all the challenges associated with HP, land ownership is the most valuable asset in a capitalist economy. Therefore HP is an economic asset with wealth generating capacity for all the owners in the present day and for infinite generations to come. To benefit from real property owners must do the following:
• Find out if they own HP
• Complete a family tree
• Schedule family meetings with a non-family HP expert
• Navigate through conflict
• Setup a family bank account
• Hire a lawyer with HP resolution experience
• Clear title to the land
• Develop a land wealth building plan
Heirs’ Property Knowledge Expert
Family Wealth Generation Action Plan Facilitator
Family Conflict Mediator
Family Tree Researcher
Motivational Speaker
Family Land Use Coach and Planner
Our mission is to help heirs’ property owners elevate their property from a lifeless economic asset to a bootstrap wealth generator.
“My passion is disseminating actionable information about heirs’ property (HP) in mass using multiple platforms so that every HP owner can make informed decisions about their ownership in the family-based wealth generator.”
Dr. Sandra Harris Thompson, CEO
Forward Moving
Here’s a interview with Dr. Sandra Harris-Thompson breaking down Heirs Property
Contact us to learn more about which service best fits your needs