Not meaning to detract from you point but just because you can't sell it for 100 years does not mean that it can't generate a profit or be used to secure a loan today (also with ownership comes obligations). That said, I would still take the million dollars. The million should be more than my grandchildren will need or should have given to them. That is about the size of an estate they will inherit as things seem today. Do you know how much of a pain in the butt it would be to find someone you can trust to manage that real estate. I am certain I am not competent to operate such a business, would not want to. Sometimes people make the right decisions for the wrong reasons.

TEK