I may have not stated this clearly. Nobody works on the farm. We cash rent the pastures and share crop the farm ground. Now to save the farm money I will go home and build a 1/4 mile of fence myself a year. But outside of that we don't do anything. This is part of the reason why I think we should grow... treat the farm like a stock, reinvesting the dividends (profits in this case) instead of taking the cash out every year. By the time we retire we would own a heck of an operation.
How to not screw myself/family members in a partnership?
- Thread starter cjmc
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True Grit Farms said:
Heyyyy!
cjmc said:
Then why not buy the land yourself and rent it out? Then treat it like your own property like a stock?
Nesikep
Well-known member
99% of lawyers give the rest a bad name.. I'm sorrysstterry said:
Nesikep said:99% of lawyers give the rest a bad name.. I'm sorry
Everyone thinks that. Until they need one....
Aaron
Well-known member
sstterry said:Nesikep said:99% of lawyers give the rest a bad name.. I'm sorry
Everyone thinks that. Until they need one....
And with all the animal rights and vegan activists out there, some guys need them on speed dial.
greybeard
Well-known member
A lawyer dies and goes to Heaven.
"There must be some mistake," the lawyer argues.
"I'm too young to die. I'm only fifty five."
"Fifty five?" says Saint Peter.
"No, according to out calculations, you're eighty two."
"How'd you get that?" the lawyer asks.
Answers St. Peter: "We added up your billable hours."
A lawyer died. At the same moment, the Pope also died. They arrived at the gates of heaven at the same moment. They spend the day in orientation, and as they're getting their heavenly vestments, the Pope gets a plain white toga and wings, like everyone else, and the lawyer gets much finer apparel, made of gold thread, and Gucci shoes.Then, they get to see where they're going to live. The Pope gets what everyone else gets, a replica of a Holiday Inn room, and the lawyer gets an 18-room mansion with servants and a swimming pool. At dinnertime, the Pope receives the standard meal, a kosher TV dinner, but the lawyer receives a five-course meal including caviar, prime rib and chocolate truffles. By this time, the lawyer is beginning to suspect that an error has been made, so he asks one of the angels in charge, "Has there been some kind of mistake? This guy was the Pope, and he gets what everyone else gets, and I'm just a lawyer and I'm getting the finest of everything?" The angel replied, "No mistake, sir. We've had lots of Popes here, but you're the first lawyer we've ever had."
"There must be some mistake," the lawyer argues.
"I'm too young to die. I'm only fifty five."
"Fifty five?" says Saint Peter.
"No, according to out calculations, you're eighty two."
"How'd you get that?" the lawyer asks.
Answers St. Peter: "We added up your billable hours."
A lawyer died. At the same moment, the Pope also died. They arrived at the gates of heaven at the same moment. They spend the day in orientation, and as they're getting their heavenly vestments, the Pope gets a plain white toga and wings, like everyone else, and the lawyer gets much finer apparel, made of gold thread, and Gucci shoes.Then, they get to see where they're going to live. The Pope gets what everyone else gets, a replica of a Holiday Inn room, and the lawyer gets an 18-room mansion with servants and a swimming pool. At dinnertime, the Pope receives the standard meal, a kosher TV dinner, but the lawyer receives a five-course meal including caviar, prime rib and chocolate truffles. By this time, the lawyer is beginning to suspect that an error has been made, so he asks one of the angels in charge, "Has there been some kind of mistake? This guy was the Pope, and he gets what everyone else gets, and I'm just a lawyer and I'm getting the finest of everything?" The angel replied, "No mistake, sir. We've had lots of Popes here, but you're the first lawyer we've ever had."
