Well, might look into an attorney that specializes in real estate and such. Your parents want to leave it to their children, God love them and God bless them, and no one wants the government to take it away through inheritance tax, just so some corrupt politician can take the dough or land, direct it to some crony that will funnel part of the goods back to them. Get yourself and your folks an attorney, and maybe question him, her, them about a "living trust". I have a cousin, whose grandfather on the other side left her his farm, through a "living trust" so that she doesn't officially own it, so no inheritance taxes going to corrupt politicians or the IRS, same difference, and she must pass it down to someone else, her children or whoever, and generation after generation, the living trust keeps the farm in the family, not in the hands of some low down, no good, snake in the grass, corrupt...
Anyway, get yourself an attorney to protect your parents and yourself. I need to do the same thing, because after working for what I have, there is no way that I want some no account, slimey...
Love your parents and take good care of them while you can. They did the same for you.
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Today's Featured Article - Sunday Drives - by Cowboy. Summer was finally upon us here in Northern Maine. We have two types of industry up here, one being "Forestry" (Wood Products) and the other "Farming" (Potatoes). There is no shortage of farm tractors and equipment around here! I have been restoring old Farm Tractors for the past 6 years, and have found it easier and less expensive to hit all the auctions and purchase whole tractors for parts needed. My wife who works at a local school, and only has weekends and summers off, while on t
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