I'm not an Estate Executor, so advice may be what you pay for it:
I do agree with an appraisal -- preferably by a local Antique Tractor club that knows prices in your area.
Are there other assets to be divided between you, and your brother & sister? If, might consider settling on a price that EITHER you would Pay, or be willing to ACCEPT from the Estate total. That is, you would give, say, $7000 for the John Deere "G", or be willing to sell it for $7000 to be paid to the estate, then divided among the heirs.
Saw a couple of brothers locked in a do-or-die argument on value of some farmland - -finally one brother said that if you think its worth so much, pay the estate and I'll take my share and look elsewhere for other land - - cooled the debate KWICK!
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Today's Featured Article - Upgrading an Oliver Super 55 Electrical System - by Dennis Hawkins. My old Oliver Super 55 has been just sitting and rusting for several years now. I really hate to see a good tractor being treated that way, but not being able to start it without a 30 minute point filing ritual every time contributed to its demise. If it would just start when I turn the key, then I would use it more often. In addition to a bad case of old age, most of the tractor's original electrical system was simply too unreliable to keep. The main focus of this page is to show how I upgr
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