You are in a delicate situation here. You have already made the commitment to the brother and he may not be so understanding about your concerns. You have to broach on this some how and maybe a neutral party can help get the discussion going. On the other end of what you mentioned it is too early to say your brother's fiancee is coming in with an itch to make trouble. When it comes to human emotions there is no safe answer here. The hard cold reality for you is that if things turn sour there is the great likely-hood you could lose financially. As far as your question on the LLC that is one of the reasons I say there is no magical solution to your problems. Lawyers have gotten quite adept at working around them to meet their objectives. I hate to say it but now is the time to think about splitting the assets between family members based on contributions. You and your brother can continue to consult with each other as far as equipment acquisitions and one can purchase certain pieces while the other handles the balance. If you can get to this point with your brother on this plus the ground then you will have a framework going forward on new land purchases which could be split evenly with separate deeds for each brother.
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 - Grain Threshing in the Early 40's - by Jerry D. Coleman. How many of you can sit there and say that you have plowed with a mule? Well I would say not many, but maybe a few. This story is about the day my Grandfather Brown (true name) decided along with my parents to purchase a new Ford tractor. It wasn't really new except to us. The year was about 1967 and my father found a good used Ford 601 tractor to use on the farm instead of "Bob", our old mule. Now my grandfather had had this mule since the mid 40's and he was getting some age on him. S
... [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.