Posted by Eldon (WA) on November 24, 2015 at 20:52:55 from (98.247.110.251):
In Reply to: Life insurance posted by NY 986 on November 24, 2015 at 15:05:19:
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25 years ago my 2 brothers and I took out a policy on my parents when we were planning on farming together. That didn't work out, but we kept the policy, and each did our own thing and became non-dependent on the family assets. It was a way to buy the equipment and land should something happen as there are 14 kids to divided things between. Well, mom and dad are still doing fine....I told the family that is one way to keep them with us! I think last year was the year when the cash value and death benefits would be a wash....it is thru NWML, so the cash value has done well. Maybe we will cash it in next year and throw a party.
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Today's Featured Article - The Day Mom Drove the 8N - by Brian Browning. My Dad was wanting to put in a garden but couldn't operate the 8N and handle the old horse drawn plow he had found and rigged up to use with the tractor. Well, he decided to go get Mom out of the house and have her drive the tractor while he walked behind the plow. You got to understand that while my Mom is a hard worker who will always help whenever she can... she had never operated farm machinery before that day. Dad got her out there, explained how the clutch was the same as in our o
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