My sister got my BIL to see about estate planning. He was wanting to leave most of the farm land to my one nephew who is farming with his dad. The estate planner told them that they should start signing over the farm now, some every year, BEFORE THEY DIE! Got told that if they didn't the legal fight would see it all gone and the one farmer from the bunch out in the cold. They have 9 kids. And yes, there are going to be some hurt feelings.
I too have seen many families torn apart over an estate that really wasn't worth that much.
The one funny one was in our extended family. One DIL's aunt was really greedy and tried being the queen bee even when her mother was still alive. Now mom in here later years only had about 600 a month in SS income. One son in law bought the house from her without it becoming know to the others on the basis that he allow his MIL to live there for life. When she passed right after the funeral the aunt announced that she was taking the house. When her BIL informed her she wasn't and why she actually tired to find a lawyer to sue. Her one brother and other sisters all thought it was hilarious! In a couple of years the wife and I will sign over our farm to one of the kids. Most likely the one up the hill who lives here on the farm. The rest they can fight over.
My MIL's estate is going to be a mess. 5 out of 6 of the kids don't really care. The other one thinks he deserves everything. All 3 homes and all the "stuff". He's going to have to lawyer up to break the will. Should be funny as the rest of the family is going to ban together for one lawyer because we don't really care about her stuff.
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Today's Featured Article - Usin Your Implements: Bucket Loader - by Curtis Von Fange. Introduction: Dad was raised during the depression years of the thirties. As a kid he worked part time on a farm in Kansas doing many of the manual chores. Some of the more successful farmers of that day had a new time saving device called a tractor. It increased the farm productivity and, in general, made life easier because more work could be done with this 'mechanical beast'. My dad dreamed that some day he would have his own tractor with every implement he could get. When he rea
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