Posted by andy r on December 20, 2012 at 17:41:35 from (75.91.149.15):
In Reply to: Another estate question posted by rockyridgefarm on December 20, 2012 at 17:15:54:
I remember when my wife and I did our first wills. If one of you would die you probably leave everything to the other. Lawyer might actually write two wills - one for you and one for wife leaving everything to each other. The tricky part is if both of you would die. Then you would need to name who takes care of the kids. In our case it was her parents. Both were good, but my parents were still raising kids, mom worked and were older than my inlaws. Then the will would probably establish somekind of trust if both parents should die. The named guardians would be given access to the trust for the benefit of the children. The guardians may or maynot be the actual trustee. Remaining funds would then be available at some certain established age like 18 or 24. Part of estate planning is making sure all property is named or held correctly for your situation - type of ownership. That includes land, home if not on the farm, vehicles, checking and savings acounts.
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 ]
Today's Featured Article - A Lifetime of Farm Machinery - by Joe Michaels. I am a mechanical engineer by profession, specializing in powerplant work. I worked as a machinist and engine erector, with time spent overseas. I have always had a love for machinery, and an appreciation for farming and farm machinery. I was born and raised in Brooklyn, New York. Not a place one would associate with farms or farm machinery. I credit my parents for instilling a lot of good values, a respect for learning, a knowledge of various skills and a little knowledge of farming in me, amo
... [Read Article]
Latest Ad:
1964 I-H 140 tractor with cultivators and sidedresser. Starts and runs good. Asking 2650. CALL RON AT 502-319-1952
[More Ads]
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.