ultrarunner
Epic Contributor
- Joined
- Apr 6, 2004
- Messages
- 23,894
- Tractor
- Cat D3, Deere 110 TLB, Kubota BX23 and L3800 and RTV900 with restored 1948 Deere M, 1949 Farmall Cub, 1953 Ford Jubliee and 1957 Ford 740 Row Crop, Craftsman Mower, Deere 350C Dozer 50 assorted vehicles from 1905 to 2006
The traditional way was to eldest son capable and willing.That is another option. But disagreements will happen over who is or isn’t doing their fair share of the work and someone will want to sell when others don’t. So leaving an entire farm to multiple heirs as tenants in common is going to result in conflict. People who think treating them all equally should think harder before doing that.
My grandmother was the oldest of 6 with no male siblings so she inherited and was also bound to care for in old age any never married sisters.
My grandfather was the youngest of 10 and by marrying my grandmother was able to have his own farm.
Now succession is much the same but any land sold must have proceeds evenly divided amongst all siblings.
I’m on title for the family cabin as having built it and the only one outside of my parents contributing cash.
My siblings insist it goes evenly to 5 grandchildren but I see no good outcome but a looming problem…