Gators Rule
Well-known member
I've always heard that you should not make life changing decisions when you're in a life changing situation. Get Mr Gilmore to feeling better, then make the decision to cut a third out. I pray he mends quickly.
T-Wacker said:I not only feel your pain, but probably hurt more. My 85 year old mother has decided to ignore my fathers dying wishes and sell off the entire 525+ acre farm that I have been either living on or managing since I was 4 years old. Decided she wants to buy a big house in the NWA area and have basically a maid take care of everything. Both my brother and I have been told since we were little that the farm would be ours, regardless if we worked it or not. Well, I decided to stay close to home and run the operation while holding down a full time job. As an engineer, I could have gone several places and made far more money, but decided I wanted to operate a farm when I retired. My brother left the state years ago with a dream to maybe come home and join me when he retires (he's 4 yrs older). Needless to say, I don't have much free time because I run about 250 head (115 cows calved or calving now, and 50 replacement heifers due this fall or next spring) on the 525 acres plus another 200 acres leased land. Now having to painfully see the farm on multiple websites (priced way too low for a quick sell) and waiting for the shoe will drop and everything I have worked for vanish as soon as someone makes an offer, is excruciating. Trying to unload that many cattle will not be easy, as the leased land doesn't have any facilities to catch or load. Unfortunately as well, the only access I have to the leased land is through the current farm on a right-of-way road, so driving through that will be very difficult as well. I told my wife there is no way I can be this close to something I have been on or near for 50 years, so looks like we will be selling out and relocating out of state. No idea what I will do with this much free time as I have never had it before. Wife is nervous because i am only home on weekends if weather is bad, so she is wondering what that is going to be like. Even in college I drove 8 hrs each way, every weekend to work on the farm. Just hard to believe it will be gone so soon and most likely filled with chicken houses (something my father would roll over in his grave over). My brother, her favorite, couldn't even talk her out of it and offered to relocate her and pay her rent wherever she wanted to move. Nope, wants it all so she can burn through it like a coked up rock star (made over $650,000 in a 3 year period on gas well royalties, all gone in about 5 years).
T-Wacker said:I not only feel your pain, but probably hurt more. My 85 year old mother has decided to ignore my fathers dying wishes and sell off the entire 525+ acre farm that I have been either living on or managing since I was 4 years old. Decided she wants to buy a big house in the NWA area and have basically a maid take care of everything. Both my brother and I have been told since we were little that the farm would be ours, regardless if we worked it or not. Well, I decided to stay close to home and run the operation while holding down a full time job. As an engineer, I could have gone several places and made far more money, but decided I wanted to operate a farm when I retired. My brother left the state years ago with a dream to maybe come home and join me when he retires (he's 4 yrs older). Needless to say, I don't have much free time because I run about 250 head (115 cows calved or calving now, and 50 replacement heifers due this fall or next spring) on the 525 acres plus another 200 acres leased land. Now having to painfully see the farm on multiple websites (priced way too low for a quick sell) and waiting for the shoe will drop and everything I have worked for vanish as soon as someone makes an offer, is excruciating. Trying to unload that many cattle will not be easy, as the leased land doesn't have any facilities to catch or load. Unfortunately as well, the only access I have to the leased land is through the current farm on a right-of-way road, so driving through that will be very difficult as well. I told my wife there is no way I can be this close to something I have been on or near for 50 years, so looks like we will be selling out and relocating out of state. No idea what I will do with this much free time as I have never had it before. Wife is nervous because i am only home on weekends if weather is bad, so she is wondering what that is going to be like. Even in college I drove 8 hrs each way, every weekend to work on the farm. Just hard to believe it will be gone so soon and most likely filled with chicken houses (something my father would roll over in his grave over). My brother, her favorite, couldn't even talk her out of it and offered to relocate her and pay her rent wherever she wanted to move. Nope, wants it all so she can burn through it like a coked up rock star (made over $650,000 in a 3 year period on gas well royalties, all gone in about 5 years).
TennesseeTuxedo said:T-Wacker said:I not only feel your pain, but probably hurt more. My 85 year old mother has decided to ignore my fathers dying wishes and sell off the entire 525+ acre farm that I have been either living on or managing since I was 4 years old. Decided she wants to buy a big house in the NWA area and have basically a maid take care of everything. Both my brother and I have been told since we were little that the farm would be ours, regardless if we worked it or not. Well, I decided to stay close to home and run the operation while holding down a full time job. As an engineer, I could have gone several places and made far more money, but decided I wanted to operate a farm when I retired. My brother left the state years ago with a dream to maybe come home and join me when he retires (he's 4 yrs older). Needless to say, I don't have much free time because I run about 250 head (115 cows calved or calving now, and 50 replacement heifers due this fall or next spring) on the 525 acres plus another 200 acres leased land. Now having to painfully see the farm on multiple websites (priced way too low for a quick sell) and waiting for the shoe will drop and everything I have worked for vanish as soon as someone makes an offer, is excruciating. Trying to unload that many cattle will not be easy, as the leased land doesn't have any facilities to catch or load. Unfortunately as well, the only access I have to the leased land is through the current farm on a right-of-way road, so driving through that will be very difficult as well. I told my wife there is no way I can be this close to something I have been on or near for 50 years, so looks like we will be selling out and relocating out of state. No idea what I will do with this much free time as I have never had it before. Wife is nervous because i am only home on weekends if weather is bad, so she is wondering what that is going to be like. Even in college I drove 8 hrs each way, every weekend to work on the farm. Just hard to believe it will be gone so soon and most likely filled with chicken houses (something my father would roll over in his grave over). My brother, her favorite, couldn't even talk her out of it and offered to relocate her and pay her rent wherever she wanted to move. Nope, wants it all so she can burn through it like a coked up rock star (made over $650,000 in a 3 year period on gas well royalties, all gone in about 5 years).
Can you and your brother pool your resources and buy it from her?
Nesikep said:T-Wacker said:I not only feel your pain, but probably hurt more. My 85 year old mother has decided to ignore my fathers dying wishes and sell off the entire 525+ acre farm that I have been either living on or managing since I was 4 years old. Decided she wants to buy a big house in the NWA area and have basically a maid take care of everything. Both my brother and I have been told since we were little that the farm would be ours, regardless if we worked it or not. Well, I decided to stay close to home and run the operation while holding down a full time job. As an engineer, I could have gone several places and made far more money, but decided I wanted to operate a farm when I retired. My brother left the state years ago with a dream to maybe come home and join me when he retires (he's 4 yrs older). Needless to say, I don't have much free time because I run about 250 head (115 cows calved or calving now, and 50 replacement heifers due this fall or next spring) on the 525 acres plus another 200 acres leased land. Now having to painfully see the farm on multiple websites (priced way too low for a quick sell) and waiting for the shoe will drop and everything I have worked for vanish as soon as someone makes an offer, is excruciating. Trying to unload that many cattle will not be easy, as the leased land doesn't have any facilities to catch or load. Unfortunately as well, the only access I have to the leased land is through the current farm on a right-of-way road, so driving through that will be very difficult as well. I told my wife there is no way I can be this close to something I have been on or near for 50 years, so looks like we will be selling out and relocating out of state. No idea what I will do with this much free time as I have never had it before. Wife is nervous because i am only home on weekends if weather is bad, so she is wondering what that is going to be like. Even in college I drove 8 hrs each way, every weekend to work on the farm. Just hard to believe it will be gone so soon and most likely filled with chicken houses (something my father would roll over in his grave over). My brother, her favorite, couldn't even talk her out of it and offered to relocate her and pay her rent wherever she wanted to move. Nope, wants it all so she can burn through it like a coked up rock star (made over $650,000 in a 3 year period on gas well royalties, all gone in about 5 years).
Have you talked to a lawyer? That's fricken awful
True Grit Farms said:Very sad, it's good lesson for everyone to have their ducks in row before they die.
T-Wacker said:True Grit Farms said:Very sad, it's good lesson for everyone to have their ducks in row before they die.
Yes it is. I tried to get my Father to sign it over to my brother and me before he died, but he was convinced his will would take care of the situation. Lesson learned, late, but learned none the less. If by some miracle it doesn't get sold, I will find a way to put it in the grandkids possession and not allow them to take control until a certain age. At least bypass one generation.
T-Wacker said:I not only feel your pain, but probably hurt more. My 85 year old mother has decided to ignore my fathers dying wishes and sell off the entire 525+ acre farm that I have been either living on or managing since I was 4 years old.
JMJ Farms said:T-Wacker, I can't imagine how bad that must suck. Here's an idea. If your brother doesn't want in, and you can't, or choose not to, buy it on your own..... You say it's underpriced. Buy the whole thing and then turn around a sell part of it. You could be left owing very little or at least have a manageable mortgage. While it's not the best case scenario at least you wouldn't lose the whole thing.