Posted by Pops1532 on April 10, 2014 at 12:55:29 from (98.227.133.60):
In Reply to: BTO question posted by Kyle in Ky on April 09, 2014 at 19:56:34:
Why not? For starters their mom left the farm to her four sons. They are each part owner of the land, basically business partners in the land rental business.
Not the farming business.
Why leave the farm to those that don't farm? We can only speculate on the reasons. Most likely it was the fairest way to settle her estate. Look at it like this, why should the others get nothing just because they are in a different profession? It sounds like the mom's assets were the ground, not the farming operation. How do we know the farming brother wasn't taken care of separately? Again, we can only speculate, but it's entirely possible he got the assets or at least special consideration to purchase the assets of the farming operation when the father retired or passed.
Should the brother that farms the ground be entitled to special consideration? Maybe, but the OP didn't give enough info to make a judgment on that.
As far as I'm concerned the brother should pay whatever the local market is, less whatever the other three brothers agree to discount.
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