# Why the Delaware Statutory Trust can potentially be a good solution when your heirs are not interested in inheriting your rental property - by Dwight Kay

Canonical page: https://sequoia-research.com/news/why-the-delaware-statutory-trust-can-potentially-be-a-good-solution-when-your-heirs-a-0a4d7d7b

Author: Sequoia Research
Published: 2026-10-22T18:23:00.072Z
Updated: 2026-10-25T00:34:15.966Z
Original source: [NYREJ](https://nyrej.com/why-the-delaware-statutory-trust-can-potentially-be-a-good-solution-when-your-heirs-are-not-interested-in-inheriting-your-rental-property-by-dwight-kay)
Source published: 2026-10-22T17:25:54.000Z
Type: News
Topics: DSTs

Kay Properties founder Dwight Kay discusses estate planning for rental owners whose children do not want to become landlords. In a New York Real Estate Journal column, he presents professionally managed Delaware statutory trust interests as a possible way to retain real estate exposure while reducing the operating responsibilities passed to heirs.

The article encourages early discussions involving family members, attorneys and tax professionals, particularly when beneficiaries have different financial goals. Its risk disclosures also identify illiquidity, lengthy holding periods and possible loss of the entire investment. The proposed planning approach therefore should not be read as a promise that heirs can immediately sell their interests or receive assured income.

[Read the original](https://nyrej.com/why-the-delaware-statutory-trust-can-potentially-be-a-good-solution-when-your-heirs-are-not-interested-in-inheriting-your-rental-property-by-dwight-kay)

## Research considerations

DST coverage can involve new offerings, acquisitions, financing, sponsor developments, or exits. When considering an offering, the property portfolio, sponsor experience, capital structure, fees, and exit assumptions deserve a closer review alongside the announcement.

- Does the announcement concern a specific offering, the sponsor, or the broader DST market?
- What do the current offering documents say about the properties, debt, fees, risks, and exit assumptions?

This Sequoia Research summary was prepared with AI assistance from the credited source. It is not independent verification of the source’s claims. The original publisher retains authorship of its reporting; follow the source link for the complete article.

## About Sequoia Research

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