That is a fair deal for you both. Years ago anything related to wood/trees was generally 50/50 share. With the higher cost of machinery and labor his 40%/60% is well in line.
I quit burning wood. I still have trees in the pastures/fence rows that need cut. I have two fellows that cut up the trees I want gone. They do a tremendous job cleaning up. They give me 20% of what they feel the wood is worth. I think it is a great deal for all involved.
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