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Non-Cattle Specific Topics
Coffee Shop
I have been thinking...
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<blockquote data-quote="HOSS" data-source="post: 987427" data-attributes="member: 1863"><p>I am in partners with my dad on some land. The way we have it set up (in writing) is on his passing we are to have the land appraised. I already own 50% of it and there are 5 of us kids so I have an automatic inheritance to 20% so I will own 70% of the land. I will then have to pay the 30% balance of the appraisal to my siblings. I will have two years to come up with the money. With the other parts of my inheritance i.e. cash, property, houses, cars etc. I should easily be able to paythe 30% up front. Then the land will be 100% mine.</p></blockquote><p></p>
[QUOTE="HOSS, post: 987427, member: 1863"] I am in partners with my dad on some land. The way we have it set up (in writing) is on his passing we are to have the land appraised. I already own 50% of it and there are 5 of us kids so I have an automatic inheritance to 20% so I will own 70% of the land. I will then have to pay the 30% balance of the appraisal to my siblings. I will have two years to come up with the money. With the other parts of my inheritance i.e. cash, property, houses, cars etc. I should easily be able to paythe 30% up front. Then the land will be 100% mine. [/QUOTE]
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I have been thinking...
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