You do understand that 98% of kids in an ag background encounter very much difficulty in this area.
Meanwhile, your family - parents - are in the few 2% that they care enough about the farm to set things up ahead of time and take care of business and care enough about the farm to be able to let go?
Jeez, suck it up and get over yourself and count your blessed stars!
Ok, that was my initial reaction. ;)
Here's the deal. Your folks worked very hard for what they have. You kids probably did also along the way.
Your folks are not having the rug yanked out from under them. They want dearly to see the farm continue on with you guys, and they are trying to see that happens.
In the current govt and tax and medical world we live in, a trust is the only logical or possible way to do this. Let someone very qualified in these matters set up that trust. It does -not- yank any rugs out from under your folks, that is some silliness you got in your head.
It provides your parents to own and control their farm as long as they are able to, and more important it gives them the piece of mind to know what will happen to their life long work. It gives them comfort and control, not yanking a rug out from under them!
It might be structured as payments, or rent, or whatever, but rest assured the farm will be theirs as long as they are around.
This is a good thing for your parents.
It is Tuesday, man I would be at the lawyers door urging him to get the paperwork done and signed by all parties before the end of the week!
Then in 3-5 years everyone can get a good nights sleep, and your parents can sleep easy knowing their life's work is taken care of. Realize the govt can claw back and change these documents for several years, so it needs to be done yesterday, so it is in effect when it is actually needed. You can not put this off until some other day!
You, you are not the point of all this.
The point is your parents and their piece of mind. The point is the farm, they care about the farm and want to continue control and success of it.
So I kinda come back to, get over yourself, either way, and get this done so your parents can finally take it easy, can finally get a good nights sleep, and can continue with control of their wonderful farm.
This was written with some sarcastic humor and a bit of a grin on my face, but if you need the kick in the rear then take it any way you want, whatever helps you. ;)
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