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Re: O.T. Legal Opinion??
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Posted by TheRealRon on September 10, 2004 at 11:46:09 from (69.179.11.202):
In Reply to: O.T. Legal Opinion?? posted by 70 Mo on September 10, 2004 at 10:30:39:
The first question the attorney will ask is if your sons will want to continue to operate the farm. That's the most important question as the answer dictates where you go from there. Frankly, while it may be important for you to keep the farm in the family, it may be less important to them. For example, the land may be worth far more to developers than to you sons as farmland. Have a heart-to-heart with them. When my dad asked me I said, "you earned it, you enjoy it". He sold and spent the next few years traveling the world. I didn't get a dime and don't regret it at all.
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