You need to talk to a lawyer to find our what your options are.
Myself, I'd encourage the mother to work things out with her children and then stay out of it until they do. One or more of the children are probably already looking after mom. Hopefully a will has been filed and an assignment of power of attorney has been fled if there should be a need for it. One of the children may already have the power of attorney for the mom. If you are only hearing one side of the story you may find they already have worked everything out and at 87 the mom maybe confused, is unhappy with the result, or is just lamenting.
The mother and her husband have had sixty years to determine what they wanted to happen to the place after they are gone. It could be that they didn't encourage, couldn't afford, or didn't want any of the children to be involved in the farm until now. If they put off estate planning for this long and their only plan is to let the children work it out after they are gone, then I wouldn't change that now. I certainly wouldn't do anything behind the children's backs that you can't defend in court later.
It's probably to late to make an offer on the farm now without involving the children. You can always purchase the farm from the children when it does goes on the market and then you will be free to do whatever you feel is right with it.
If you do jump into the middle of this now you will likely be seen as an interloper, especially if some of the children still live locally and can tell their side of the story. I do have to wonder if are you actually trying to buy the place cheap from behind the children's backs? I hope not and I do give you the benefit of the doubt, but your question does not rule that possibility out.
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 - Restoration Story: Fordson Major - by Anthony West. George bought his Fordson Major from a an implement sale about 18 years ago for £200.00 (UK). There is no known history regarding its origins or what service it had done, but the following work was undertaken alone to bring it up to show standard. From the engine number, it was found that this Major was produced late 1946. It was almost complete but had various parts that would definitely need replacing.
... [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.
