Posted by Cecil Nuckolls on August 25, 2009 at 15:26:21 from (69.171.173.165):
In Reply to: value of farmland posted by jacksonduper on August 25, 2009 at 10:03:11:
What we did when Dad died was. Dad & Mom had their will and it stated that my brother could buy the land. The land was to be appaised by two local farmers. My brother was to pay for the land in ten yearly payments plus six precent interest. The interest went mom the payment went into three CD's each year. Mom got payment interest plus interest from the CD's as long as she lived. I had quit farming and was trucking full time and my sister didn't want farm. That was the way mom & dad wanted it and we did what they wanted.
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