Posted by Al L. in Wisc. on April 08, 2010 at 10:21:57 from (216.226.92.151):
In Reply to: OT Loosing a farm posted by Randy2 on April 07, 2010 at 14:04:33:
[color=blue:d1dbc86669][/color:d1dbc86669]Randy2; Without being in the same room, I don't know if the info was related in a pleasant way and in private, my gut feeling is no. Do you have any of your input costs into the farm in writing? With that said, I would leave your aunt out of any financial dealings other than a check passing at the signing. Others have offered good advise; check with your county extension office, land and water conservation office, your banker and without a doubt, check with other banks for what they will do for you. Were there any wills stipulating any assets you may have been entitled to? From personal experience, the 'family fued' is a sad thing. When my late girlfriend passed on, the squabbling over material things was terrible. I stepped back as I had no legal right to anything. What was incredibly sad was how her children suffered. I suggest keeping your findings to yourself. Don't talk to others who may use info against your actions and to their advantage without doing their own leg-work. Also, seek out a lawyer you are comfortable with (as comfortable as you can get w/one), have the property appraised if she doesn't and you feel she is way off on her asking price. If you don't use the legal system to your advantage, family/business dealing sound like they could come back to bite you in the again in the future. Then you can have the satisfaction of knowing things have been done legally and completely at any future family gatherings. I wish you the best in this matter, take care.
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