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Farming with dad.
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BigcCharlie740
Posted 9/30/2018 21:16 (#7018506 - in reply to #7012426)
Subject: RE: Farming with dad.


West Central Iowa
frytownfarmer - 9/27/2018 15:37

You don’t have to leave to split everything up. Tell your dad you want to be financially separate and what’s yours is yours and his is his and he can manage his and you can manage yours. Figure up everything at custom rates from the harvest rate to custom hire and rent... it will make it clear what you are working with and you will find out if it’s profitable for you to stay there

Your dad made promises but unless they are legal binding and on paper you have to understand you don’t have that. It’s not yours.

It’s not yours till it’s signed over. Be clear with your finances. It’s the only fair thing to you, your dad, and your family.

Good luck in sorting things out. 13 yrs seems long but it’s not 13 MORE years

Just some insight about me. My parents and I wouldn’t have lasted a year farming together financially... but keeping everything separate and just being there to help each other occasionally has made it work very smoothly. It’s different when working under clear and clean arrangements.



yeah good luck with that .... will it hold up in a court of law?
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