10/03/2026
Selling a family farm out of a trust is three things at once: a price, a process, and a record. The price gets the attention on sale day. The record is what matters a year or two later, when a beneficiary asks whether the trustee sold too cheaply.
A traditional listing leaves a short record: a broker set a price and the estate took the best offer. An auction leaves a bidder log, a marketing file, and a soft-close record showing every qualified buyer in the country competing at once.
The Uniform Prudent Investor Act cares as much about process as price. A documented auction is becoming a prudent investor best practice for illiquid land, and that file is what we work to put in a trustee's hands.