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<blockquote data-quote="Nearly" data-source="post: 5734198" data-attributes="member: 149"><p>It would have needed to be a fair business to have kept pace with capital growth on farmland in last 20+ years. </p><p>Houses or Microsoft shares? <img src="data:image/gif;base64,R0lGODlhAQABAIAAAAAAAP///yH5BAEAAAAALAAAAAABAAEAAAIBRAA7" class="smilie smilie--sprite smilie--sprite2" alt=";)" title="Wink ;)" loading="lazy" data-shortname=";)" /></p><p>Good to have a plan though.</p><p></p><p>My parents (of 3 of us) worked to have accumulated a house and yard for each of us. If we'd all have worked equally on the farm the land would have been split equally. As it turned out I was the keen one, and got about 200 acres, (3/4) and the rest added value to the houses.</p><p>There has been a sibling go before parents died, to complicate things, but we're all sorted now</p><p></p><p>You can plan but things change. Everyone needs to know where the shareout is based or you're heading for trouble.</p><p>I'm already talking to our kids, 20 and 17, about possible scenarios in the distant future, with whatever is left after we've stopped being a drain on the assets.</p><p>We sign power of attorney forms in Jan when youngest is 18.</p><p></p><p>Talk!</p><p>No one gets out of this life alive.</p></blockquote><p></p>
[QUOTE="Nearly, post: 5734198, member: 149"] It would have needed to be a fair business to have kept pace with capital growth on farmland in last 20+ years. Houses or Microsoft shares? ;) Good to have a plan though. My parents (of 3 of us) worked to have accumulated a house and yard for each of us. If we'd all have worked equally on the farm the land would have been split equally. As it turned out I was the keen one, and got about 200 acres, (3/4) and the rest added value to the houses. There has been a sibling go before parents died, to complicate things, but we're all sorted now You can plan but things change. Everyone needs to know where the shareout is based or you're heading for trouble. I'm already talking to our kids, 20 and 17, about possible scenarios in the distant future, with whatever is left after we've stopped being a drain on the assets. We sign power of attorney forms in Jan when youngest is 18. Talk! No one gets out of this life alive. [/QUOTE]
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