Posted by wilson ind on January 23, 2017 at 14:07:10 from (12.201.39.102):
In Reply to: Re: the next generation posted by indianabuckman on January 23, 2017 at 13:37:39:
talk to John T for best information basically I have complete control of the place except for selling it. I could cut timber lease out cropland or whatever. any life estate can be tailored I guess . Mine is with family so I am at great liberty. I have amble cast for health care but as my doctor son put it if one is setting on a nursing home sucking oatmeal through a straw the farm assets could go fast. My parents planned well. Mom liver 15 years past dad. She though she had too much money being good sons my brother and I agreed and helped her giv us, wifes, all grandchildren 11,000.00 per year. tax free
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Today's Featured Article - Seeing an Old Friend - by Joe Evans. Dad had a concrete contracting business starting in 1960. One of his first pieces of equipment was a Ferguson TO-35 with a Davis loader. Dad replaced the TO-35 with a MF 202 Workbull, essentially an industrialized Ferguson 35 I am told. Dad bought the 202 new in 1962, and I recall quite clearly going to the dealer with him to sign for it.
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