Welcome! Please use the navigational links to explore our website.
PartsASAP LogoCompany Logo (800) 853-2651

Shop Now

   Allis Chalmers Case Farmall IH Ford 8N,9N,2N Ford
   Ferguson John Deere Massey Ferguson Minn. Moline Oliver
 
Marketplace
Classified Ads
Photo Ads
Tractor Parts
Salvage

Community
Discussion Forums
Project Journals
Your Stories
Events Calendar
Hauling Schedule

Galleries
Tractor Photos
Implement Photos
Vintage Photos
Help Identify
Parts & Pieces
Stuck & Troubled
Vintage Ads
Community Album
Photo Ad Archives

Research & Info
Articles
Tractor Registry
Tip of the Day
Safety Cartoons
Tractor Values
Serial Numbers
Tune-Up Guide
Paint Codes
List Prices
Production Nbrs
Tune-Up Specs
Torque Values
3-Point Specs
Glossary

Miscellaneous
Tractor Games
Just For Kids
Virtual Show
Museum Guide
Memorial Page
Feedback Form

Yesterday's Tractors Facebook Page

  
Tractor Talk Discussion Board

Re: parents wanting to almost give the farm away


[ Expand ] [ View Replies ] [ Add a Reply ] [ Return to Forum ]

Posted by John T Lawyer PS on August 27, 2009 at 12:46:05 from (66.244.97.31):

In Reply to: parents wanting to almost give the farm away posted by Cherise on August 26, 2009 at 21:26:52:

Seeeeeeeee theres NO WAY me as an attorney, let alone any lay persons here, can advise UNLESS WE SEE THE DEED.

If it was conveyed to 3 girls SUBJECT TO LIFE ESTATE in Mom n Dad......Mom n dad can sell their Life Estate i.e. that right to live n farm there so long as either lives. They can sell that to farmer dude now n move to town n you cnat stop it. (but you can kick him out after mom n dad die) HOWEVER ONLY THE 3 GIRLS CAN SELL THE FUTURE REMAINDER INTEREST which is fee simple ownership ONLY AFTER mom n dad are both dead. The legal area of FUTURE INTERESTS is complicated which is why AN ATTORNEY needs to see the deed as lay persons might lead you wrong.

SOOOOOOOOOO if you dont wanna sell it then dont freakin sell it. In the event 2 of the 3 girls want to sell but not the other, theres a legal process whereby one or 2 can buy out the others and then sell it of course, AT APPRAISED VALUE so nobody gets ripped off

GET LOCAL COUNSEL dont hang your hat on anything here regardless from attorneys or lay persons who havent read the deed or familiar with your states laws

Best wishes n God Bless

John T Attorney at law


Replies:




Add a Reply

:
:
:

:

:

:

:

:

:

Advanced Posting Options

: If you check this box, email will be sent to you whenever someone replies to this message. Your email address must be entered above to receive notification. This notification will be cancelled automatically after 2 weeks.



 
Advanced Posting Tools
  Upload Photo  Select Gallery Photo  Attach Serial # List 
Return to Post 

TRACTOR PARTS TRACTOR MANUALS
We sell tractor parts!  We have the parts you need to repair your tractor - the right parts. Our low prices and years of research make us your best choice when you need parts. Shop Online Today. [ About Us ]

Home  |  Forums


Today's Featured Article - The Nuts and Bolts of Fasteners - Part 2 - by Curtis Von Fange. In our previous article we discussed capscrews, bolts, and nuts along with their relative hardness and thread sizes. In this segment we will finish up on our fasteners and then work with ways to keep them from loosening up in the field. Capscrews, bolts and nuts are not the only means of holding two parts together. When dealing with thinner metals like sheet tin, a long bolt and ... [Read Article]

Latest Ad: Oliver 550 Diesel runs like a watch three point hitch pto engine gone threw about two hundred hours ago nice clean tractor [More Ads]

Copyright © 1997-2024 Yesterday's Tractor Co.

All Rights Reserved. Reproduction of any part of this website, including design and content, without written permission is strictly prohibited. Trade Marks and Trade Names contained and used in this Website are those of others, and are used in this Website in a descriptive sense to refer to the products of others. Use of this Web site constitutes acceptance of our User Agreement and Privacy Policy

TRADEMARK DISCLAIMER: Tradenames and Trademarks referred to within Yesterday's Tractor Co. products and within the Yesterday's Tractor Co. websites are the property of their respective trademark holders. None of these trademark holders are affiliated with Yesterday's Tractor Co., our products, or our website nor are we sponsored by them. John Deere and its logos are the registered trademarks of the John Deere Corporation. Agco, Agco Allis, White, Massey Ferguson and their logos are the registered trademarks of AGCO Corporation. Case, Case-IH, Farmall, International Harvester, New Holland and their logos are registered trademarks of CNH Global N.V.

Yesterday's Tractors - Antique Tractor Headquarters

Website Accessibility Policy