My grandmother died on January 1, 2012 at age 100. She had two children, my uncle and my mom. Mom was already living in the house with Grandma, and my uncle lives in another state. The farm was originally 13 acres, but Unk bought 2 acres from grandma a few years back.
The will stipulates that both Mom and Unk were to be co-administrators of the estate. The will specified that Unk and Mom were to share ownership of the remaining part of the farm...with the exception that Mom got the house.
From the get-go, it's been hard for the two of them to get along; having equal ownership of the farm just made that part worse. Mom kept bringing up the "which half is mine?" question for months afterward, until we finally sat her down and told her that, like it or not, she and Unk would have to jointly share the whole farm...and that NEITHER could tell the other what will--or "ought to be" done with the farm. Unk still tries to boss Mom around about the place, and there are a lot of hard feelings between them. Neither has the resources individually to buy the other out, and both are over 80, so financing such a deal would also be "iffy," at best.
But it certainly showed me what NOT to include in my will. Shared ownership creates problems, because people are human.
We sell tractor parts! We have the parts you need to repair your tractor - the right parts. Our low prices and years of research make us your best choice when you need parts. Shop Online Today. [ About Us ]
Today's Featured Article - History of the Nuffield Tractor - by Anthony West. The Nuffield tractor story started in early 1945. The British government still reeling from the effects of the war on the economy, approached the Nuffield organization to see if they would design and build an "ALL NEW" British built wheeled tractor, suitable for both British and world farming.
... [Read Article]
Latest Ad:
Oliver 550 Diesel runs like a watch three point hitch pto engine gone threw about two hundred hours ago nice clean tractor
[More Ads]
All Rights Reserved. Reproduction of any part of this website, including design and content, without written permission is strictly prohibited. Trade Marks and Trade Names contained and used in this Website are those of others, and are used in this Website in a descriptive sense to refer to the products of others. Use of this Web site constitutes acceptance of our User Agreement and Privacy Policy
TRADEMARK DISCLAIMER: Tradenames and Trademarks referred to within Yesterday's Tractor Co. products and within the Yesterday's Tractor Co. websites are the property of their respective trademark holders. None of these trademark holders are affiliated with Yesterday's Tractor Co., our products, or our website nor are we sponsored by them. John Deere and its logos are the registered trademarks of the John Deere Corporation. Agco, Agco Allis, White, Massey Ferguson and their logos are the registered trademarks of AGCO Corporation. Case, Case-IH, Farmall, International Harvester, New Holland and their logos are registered trademarks of CNH Global N.V.