Who has inherited a house, land & items in a Last Will?

First, it's better if he leaves it to you before his death. Then, you don't have to pay a "death tax" (inheritance tax). He needs to specify what he wants to leave to you, and the two of you need to go to his attorney and get it notarized and witnessed. His attorney should then hold on to the doent, and give you a copy. You need to be prepared for the fact that on acreage, the saw mill and his home, there may be large sums of property tax that have to be paid every year. You will need to employ someone to help you with this, who is trustworthy. By that, I mean someone who will not be taking large sums for himself for "managing " your accounts. You need to find out if the saw mill is profitable, and the value of the homestead, vehicles, etc. Once you find out the value, set up a fund to which the money from the saw mill will go into. That will be used to pay taxes before you touch any of the profits. Also, find out what condition everything is in. His "beautiful home" may need more repairs than its value. The same with the automobiles. They lose value very quickly unless they're clic cars (over 30 years old). It might be better to sell of some of the things and put the money into a trust fund. Decide on an amount you can draw from the account every year, and invest the rest in things like silver or gold. Don't depend on the stock market. It's too volatile, and the government will take tremendous taxes. That's the best advice I can give you.