The Legacy and Faith Show · CRISTA Media

09/17/25 - Estate Planning for Unique Assets pt.1

September 17, 2025·28 min·2 clips

Paul Grant's father-in-law's estate plan left everything to himself due to a templated document error.

Unique assets are not something to toss into a trust with vague language. Paul Grant starts with the idea that some property needs a longer conversation because families often have strong wishes attached to it. Mark sets up the topic in a simple way: this is about more than who gets the asset. It is about whether the asset should stay together, stay in the family, and come with directions people can actually follow. Grant keeps the expectations grounded. Estate planning cannot fix old hurt feelings, family pain, or patterns people built over years. It can still lower the odds of a fight. A trust can give heirs a clearer picture of what the owner wanted, especially when the asset should not be chopped into fractional shares or casually sold off. The advice gets practical quickly. Grant warns that vague planning leaves heirs guessing, and that is where valued property can turn into family conflict. Then the episode takes an odd but useful turn: timeshares. Mark reacts like a lot of listeners probably would, but Grant uses the example well. Some people want out of timeshares, and Grant understands why, especially with ongoing costs and rising dues. Other families may feel differently. A timeshare might be where vacations happened, where memories formed, and where children may still want to gather if they can afford it. That financial piece matters. Passing down a timeshare only makes sense when the next generation can carry the cost and still values the experience. The legal point stays simple: unusual or sentimental assets need more than broad instructions. The owner may care about use, preservation, family peace, and stewardship. The closing disclaimer is worth hearing too. These are general legal issues, not personal advice, and the show points listeners toward an attorney for their own situation.

As heard by us

When unique assets need a plan, family intent matters most.

Paul Grant and Mark Holland spend the hour on unique assets in a trust and the planning problems that come with property that does not divide neatly.

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Why you'd press play

You need a plan for the unique asset nobody can easily split.

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