Best thing to do is consult a lawyer. Having said that I would incorporate the farm as a business (if not already done) and isolate assets such as the house and personal vehicles outside the business. Go as far as having the house and the lot it sits on surveyed and deeded away from the farm and its buildings. Worst thing to do is be stubborn and not do a thing because "you should'nt have to bend" or "I'll kick their tail" if somebody tries to take something in a lawsuit. Neither strategy works when things wind up in court. Not fool proof anymore as the lawyers have gotten better at breaking down the barriers between personal assets and business assets. I don't hear the praises sung about LLC's like there used to be.
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Today's Featured Article - Women and Tractors, A Woman's Touch - by Teri Burkholder. I thought I would give you a little background on how I got myself hooked on tractors and their restoration. My family is a very "crafty" bunch of people. By crafty I mean good with crafts!! My Dad is a retired industrial engineer from Bucyrus Erie which made big shovels for excavating and he is also a wonderful wood worker. My mom and my "guardian angel" has had her own ceramic shop for 30 years and is an excellent painter. With these skills always active in our house it was hard not t
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