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 01-11-2007, 12:33 Post: 138674
yooperpete



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 Helping our survivors

These are changing times. I came from farming roots where generations always passed on property and farming operations. I'm the first generation non-farmer but the first generation college grad. Many of this generation, like myself have been forced to leave the farm life. Some of us have sentimental values on these assets while others don't.

As Murf has said, talking things over before something happens is important! All too often though, this can cause problems as well. The situation must be handled delicately. Many elders think the youngin's are only interested in the estate. If you bring these subjects up to other family members, it may sound like you want more than your share and are greedy.

My sister and I were fortunate in coming to agreements on dividing assests after the fact. I had sentimental attachment to some things and she didn't. Anyway we sold off one farm, kept another for me along with the homestead that we broke out from the other farm, and she got cash. This year I'm celebrating the sesquicentennial (150 year) anniversary on the homestead (what is left of the original farm). After it is all said and done, it may have been more hassle than it was worth, especially knowing that my daughter isn't interested in any of it.






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