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Coffee Shop
I have been thinking...
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<blockquote data-quote="snake67" data-source="post: 987460" data-attributes="member: 17764"><p>All this schitte happens to the farms and families because the owners usually did not do any type of estate planning - because it is NOT cheap.</p><p></p><p>Do the plan - get a lawyer and an accountant and a life insurance agent (for equalization of money / land value after death) - and do not let any of those experts advise you on the other's specialty.</p><p></p><p>Because this was not done - the original owners may have been fine people - but they were extremely stupid when it comes to looking after their own affairs.</p><p></p><p>Spend the money and do it right and the problems are usually solved.</p><p></p><p>Do it wrong and the crapola will hit the fan almost every time - we have all seen it and we will continue to see it </p><p></p><p>Never fails - and we have also all seen successful transfers of ownership - those people did it the right way.</p><p></p><p>Do a search on this forum - many examples of talk on estate planning - often wondered if anyone ever actually DID it.</p><p></p><p>We did - all done and it is updated every few years for the cost of a coupe hundred bucks - cheap at twice the price.</p><p></p><p>I wish you all the best in what ever road you choose to take</p><p></p><p>Best to all</p><p></p><p>Bez</p></blockquote><p></p>
[QUOTE="snake67, post: 987460, member: 17764"] All this schitte happens to the farms and families because the owners usually did not do any type of estate planning - because it is NOT cheap. Do the plan - get a lawyer and an accountant and a life insurance agent (for equalization of money / land value after death) - and do not let any of those experts advise you on the other's specialty. Because this was not done - the original owners may have been fine people - but they were extremely stupid when it comes to looking after their own affairs. Spend the money and do it right and the problems are usually solved. Do it wrong and the crapola will hit the fan almost every time - we have all seen it and we will continue to see it Never fails - and we have also all seen successful transfers of ownership - those people did it the right way. Do a search on this forum - many examples of talk on estate planning - often wondered if anyone ever actually DID it. We did - all done and it is updated every few years for the cost of a coupe hundred bucks - cheap at twice the price. I wish you all the best in what ever road you choose to take Best to all Bez [/QUOTE]
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