Posted by Mike (WA) on November 25, 2008 at 15:46:52 from (69.10.198.224):
In Reply to: There goes the farm posted by sad-ex-farmer on November 24, 2008 at 20:12:04:
Local farmer had a good sized place, and his son had been farming with him for many years. When on his deathbed, he called his children together- two daughters, and the son/ partner. Told them that he had been trying to figure out a way to equalize things, but there just wasn't any way. He told them that there was just no way son could make a living on the farm and pay his sisters for any equity. So, he was leaving the farm, equipment and cattle to son, and all his other assets to the girls. He apologized that the girls share would be nowhere near the value of sons, but that was just the way things were. He asked son to consider his sisters if he had any extra income, but didn't hold him to it. Everyone understood, and it turned out fine. Sisters didn't hold it against him, and he tried to equalize as best he could as he went along. Timber management outfit told him he should log the timber, as it was getting past optimum price/ yield. Sell he did, and instructed the buyer to remit all proceeds to his sisters. They all remain friends. There are still some ethical people out there, but they're getting harder and harder to find.
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