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 - What Price Enthusiasm? - by Anthony West. Quite frankly, for some time now restorers like myself have become more and more concerned about the rapid increase in the prices of old farm machines here in England. There is now a growing market for "As found" machines. Which as machines get rarer, has found the birth of a new industry....one of the "procurement agent". These agents appropriate as much old machinery as possible then inflate prices at auctions. So at what price enthiusiasm? We are now seeing poor machines which 3 years ago ma
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