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Farming Forward
Family and Farming
Divorce and the family farm
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<blockquote data-quote="kfpben" data-source="post: 5784400" data-attributes="member: 44296"><p>So after 30 years of mutual dislike, distrust and extra marital affairs my parents have decided to get divorced. It’s for the best but I really don’t want to be dragged into it. I haven’t got too much respect for either of them, especially my father who has spent decades as a depressive alcoholic. </p><p></p><p>I have now run the farm for the past three years- both my parents have an outside business interest. I am technically a partner in the business but only 0.5%. Dad is a 98.50% shareholder. Conceivably we might have to sell the lot to set things straight between my parents and my brothers (who are not involved in the farm). I’m 31 and was hoping to push the farm on to be a much better, more profitable unit. Instead I may be without a business and may have to leave my farm cottage. I’m pretty pee'd off and vulnerable having made considerable personal and career sacrifices to join the business at their request. </p><p></p><p>Does anyone have any of their own experiences/advice that they could share? Sorry to unload it on TFF but there’s not really anyone I can speak to, especially regarding the business aspects. I’m sure you all know what small rural communities are like!</p></blockquote><p></p>
[QUOTE="kfpben, post: 5784400, member: 44296"] So after 30 years of mutual dislike, distrust and extra marital affairs my parents have decided to get divorced. It’s for the best but I really don’t want to be dragged into it. I haven’t got too much respect for either of them, especially my father who has spent decades as a depressive alcoholic. I have now run the farm for the past three years- both my parents have an outside business interest. I am technically a partner in the business but only 0.5%. Dad is a 98.50% shareholder. Conceivably we might have to sell the lot to set things straight between my parents and my brothers (who are not involved in the farm). I’m 31 and was hoping to push the farm on to be a much better, more profitable unit. Instead I may be without a business and may have to leave my farm cottage. I’m pretty pee'd off and vulnerable having made considerable personal and career sacrifices to join the business at their request. Does anyone have any of their own experiences/advice that they could share? Sorry to unload it on TFF but there’s not really anyone I can speak to, especially regarding the business aspects. I’m sure you all know what small rural communities are like! [/QUOTE]
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Family and Farming
Divorce and the family farm
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