The dilemma that comes with inheriting 6,000 square meters of farmland

By Ho Giay   September 24, 2024 | 03:14 pm PT
The dilemma that comes with inheriting 6,000 square meters of farmland
It can be a challenge to figure out how to best use inheritance. Illustration photo by VnExpress/Quynh Tran
I believe that one should not sell their inheritance, but I do not know what else I should do with my inherited 6,000 square meters of agricultural land.

I believe one should not sell inherited assets for investment or spending. I have witnessed descendants of wealthy families in my hometown gradually consume their inheritance until they become impoverished.

However, this same belief has left my spouse and me undecided for several years regarding my inherited property. After my father passed away, my mother passed down 6,000 square meters of farmland in the Mekong Delta region to me.

This land is located in what used to be a large farming area that has since been urbanized. A provincial road was built, cutting through my plot and dividing it into two smaller plots.

No one farms in the area anymore. Some used their land to build houses, while others are leveling theirs to rent out. My spouse and I have a home in Ho Chi Minh City, where we work and our children study, so there is no way we can move to live in the countryside. My elderly mother, now in her eighties, is accustomed to her home and does not agree to leave the village to live with us. I hardly have time to visit her, let alone manage or utilize the inherited land.

The land has been left unoccupied for several years. I hire someone to clear the weeds every few months and visit during Tet (Lunar New Year) or other holidays. Meanwhile, the neighbors have leveled their plots, raising the ground level, so my plot turns into two large fish ponds during the rainy season, which looks quite disheartening.

Leveling the land is very costly, and I am unsure if we would be able to rent it out as nearby plots are also appealing yet find few tenants.

What should I do with my inheritance?

*This opinion was translated into English with the assistance of AI. Readers’ views are personal and do not necessarily match VnExpress’ viewpoints.

 
 
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