Don't have much opinion or knowledge about what you should do from a legal standpoint, but I think Mike M reflects what I was thinking as I read through this thread. I was thinking, what would you and your brother do if YOUR wife decided she'd had enough? Tell brother that his engagement got you thinking about this whole situation and you feel you guys need to sit down and work something out before someone else is involved (his wife) and things get even more complicated. He might feel that you are trying to cut the fiance out but assure him that she'll end up with half of his half anyway (unless there is an iron-clad pre-nup, if there is such).
A friend's father was in partnership with his brother their whole lives with undivided interest in the farm and machinery. Each had their own home place, but it was part of the whole farm. The brother died long ago so her father was in partnership with the wife. He quit farming and they rented the place out to the local BTO. Her father died, making my friend and her two brothers partners with her uncle's wife (they also have two children). Since 'friend and brothers' were up in their 60s they wanted to sell off the place but had to get agreement from the aunt. She was basically run by her son who was a lawyer and shady former state level politician here in Ohio. Since cousin Shady didn't want his mother to sell, friend and brothers tried all kind of ways to divide the property in half so the values would be equal, but Shady would have none of it. No sale no auction, no nothing. I suspect, him being the greedy bast*rd that he is, if a deal didn't favor him and his side of the family he wasn't going for it. So, last I talked to her they still had not been able to do anything except collect the rent money from the BTO and from a tenant in her father's house. To further complicate, if they don't settle it her brothers have children as does Shady and his sister. At least my friend can leave her share to the nieces and nephews since she has no kids.
Upshot is, get a division in place before it gets ugly with the family.
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 - The Nuts and Bolts of Fasteners - Part 2 - by Curtis Von Fange. In our previous article we discussed capscrews, bolts, and nuts along with their relative hardness and thread sizes. In this segment we will finish up on our fasteners and then work with ways to keep them from loosening up in the field. Capscrews, bolts and nuts are not the only means of holding two parts together. When dealing with thinner metals like sheet tin, a long bolt and
... [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.
