Menu
Forums
New posts
Search forums
What's new
New posts
New media
New media comments
New profile posts
Latest activity
Media
New media
New comments
Search media
Members
Current visitors
New profile posts
Search profile posts
Log in
Register
What's new
Search
Search
Search titles and first posts only
Search titles only
By:
New posts
Search forums
Menu
Log in
Register
Forums
Cattle Boards
Beginners Board
Inherited Farm
JavaScript is disabled. For a better experience, please enable JavaScript in your browser before proceeding.
You are using an out of date browser. It may not display this or other websites correctly.
You should upgrade or use an
alternative browser
.
Reply to thread
Help Support CattleToday:
Message
<blockquote data-quote="Bez&amp;gt;" data-source="post: 393926" data-attributes="member: 6007"><p>Issues of this type show up on this board several times a year. Sometimes these issues truly create strong enemies within the family.</p><p></p><p>I think you need to do a search here on this board with reference to inheritances and farms.</p><p></p><p>You will read about a whole bunch of horror stories. I fear yours will be added within a short time.</p><p></p><p>There are ways to sort this out. I can think of a couple - but I am not prepared to go into it - this is YOUR place and you need to be ready for trouble which sooner or later will stop looming on the horizon and instead come to roost on your front door step.</p><p></p><p>Recommend you do this soonest or someone is going to be very unhappy - an inevitable result of poor and certainly dangerous succession planning.</p><p></p><p>Remember - a will - no matter how it is written - can be and often is - challenged. Remember, no matter how the estate is set up - anyone has the right to challenge it.</p><p></p><p>Are you prepared for this? Hope so - because sooner or later it is coming.</p><p></p><p>Get your lawyer, your accountant, your financial advisor and your family involved asap. You need all of them involved if you plan to do this right. It is not always cheap - but you will get what you pay for.</p><p></p><p>Money spent today may actually save / make you money in the coming years</p><p></p><p>Best thoughts and good luck,</p><p></p><p>Bez></p></blockquote><p></p>
[QUOTE="Bez>, post: 393926, member: 6007"] Issues of this type show up on this board several times a year. Sometimes these issues truly create strong enemies within the family. I think you need to do a search here on this board with reference to inheritances and farms. You will read about a whole bunch of horror stories. I fear yours will be added within a short time. There are ways to sort this out. I can think of a couple - but I am not prepared to go into it - this is YOUR place and you need to be ready for trouble which sooner or later will stop looming on the horizon and instead come to roost on your front door step. Recommend you do this soonest or someone is going to be very unhappy - an inevitable result of poor and certainly dangerous succession planning. Remember - a will - no matter how it is written - can be and often is - challenged. Remember, no matter how the estate is set up - anyone has the right to challenge it. Are you prepared for this? Hope so - because sooner or later it is coming. Get your lawyer, your accountant, your financial advisor and your family involved asap. You need all of them involved if you plan to do this right. It is not always cheap - but you will get what you pay for. Money spent today may actually save / make you money in the coming years Best thoughts and good luck, Bez> [/QUOTE]
Insert quotes…
Verification
Post reply
Forums
Cattle Boards
Beginners Board
Inherited Farm
Top