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Estate plans -add on too Mkt. talk discussion
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redoak
Posted 1/27/2026 13:35 (#11528651)
Subject: Estate plans -add on too Mkt. talk discussion


deep SW On.
Maybe more "older|" farmers use Cafe and not mkt. talk

Just some ideas, any suggestions appreciated

Parents divide estate equally among children ..
Those that are involved in farming with parents get the option to buy the Farm at its acquired value (or could use the value when they became involved)
Crops and livestock at mkt. value
Machinery,trucks,ect. at depreciated values
Ins., off farm assets split evenly.

For farming child(s) locks in fact they don't have to worry about inflation...Still gives other siblings a share ($$) of what was bought .

Before ALL prices went nuts, you could help a child with a down payment and they could farm on there own or share labor/equip't with family

Lastly, we can can plan all we want but death,divorce,health issues ,accidents can change it all
Myself ,no desire to control farm or anything else from the grave,,,fwiw
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