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For those with joint landlords....
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Little papa
Posted 3/24/2024 15:40 (#10678166 - in reply to #10677904)
Subject: RE: For those with joint landlords....


Hooker Twp,Ne
Have no idea how many acres your talking about however if you and sis or one of you are planning on keeping the farm for awhile I’d get the farm seperated somehow and get it in separate names. One major health problem or lawsuit or marriage and divorce and brother and sis are in a decision that could get ugly. If you decide to leave basicly as is I would have tenant write two checks. Also something you may want to consider since you said no heirs is do you each want your share of farm to go to the other in event of death. Different ways to do that. Good attorney should be able to sort through that all.
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