You have no guarantee that your wife will inherit the farm till it actually happens. Your father-in-law could have a lingering/catastrophic illness or event that would take it all, etc.
Also, he could simply pull the rug out from under you, like my FIL did me. I was farming the family farm from my side of the family as a sideline, and always assumed when my FIL quit farming I'd have first shot at taking over his operation and combining the two farms into one full time deal.
One day when he was 70, my FIL simply walked in, announced he'd decided to retire and had leased the farm to one of the neighbors. So much for my plans. The cold, hard fact is that until your FIL dies, the farm is his to do with as he pleases. And he could outlive you.
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Today's Featured Article - Tractor Profile: Farmall M - by Staff. H so that mountable implements were interchaneable. The Farmall M was most popular with large-acreage row-crop farmers. It was powered by either a high-compression gas engine or a distillate version with lower compression. Options included the Lift-All hydraulic system, a belt pulley, PTO, rubber tires, starter, lights and a swinging drawbar. It could be ordered in the high-crop, wide-front or tricycle configurations. The high-crop version was called a Model MV.
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