We only have one child so things are pretty simple.....I'm a firm believer in dividing things out evenly as possible among all children..I've watched lots of families (especially farm ones) torn apart at inheritance time because one child was heavily favored over all of the others....
After HS I was the one that stayed at home and helped Dad farm and then rented it all when he retired..There wasn't room for my brother to farm so he got a town job..I made more money than he ever did so why should I inherit all of the farm land..I was the lucky one..
Upon our mothers death the will said that things were to be divided evenly...I and my brother sat down and within 2 hours had agreed on how to divide things....Our wives stayed out of it..I got more than 50% of the farm ground as he wanted other assets..He would have sold me his share of the farm ground at a reasonable price but I didn't want it as I was close to retirement and wanted no debt..
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Today's Featured Article - Show Coverage: Journey to Ankeny - by Cindy Ladage. We left Illinois on the first day of July and headed north and west for Ankeny, Iowa. Minus two kids, we traveled light with only the youngest in tow. As long as a pool was at the end of our destination she was easy to please unlike the other two who have a multitude of requirements to travel with mom and dad. Amana Colonies served as a respite where we ate a family style lunch that sustained us with more food than could reasonably fit into our ample physiques. The show at Ankeny
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