Quote Originally Posted by iris lilies View Post


Since I have no authority or direct responsibility for this property, I’m not gonna worry about it. I’m going to go back to my original mindset about this family issue which is “not my circus, not my monkeys, I can have an opinion but it doesn’t matter.”

My opinion is that DH and his siblings are devaluing a significant asset by breaking up land. In my opinion, every parcel that is removed from this family farm devalues the rest of it because much value is in adjacent pieces. How much is being devalued I do not know, that’s intangible and there’s no way I could put a price on it. As it currently stands, for those who are curious, our household’s share is worth $250,000 according to today’s farm prices.

but if DH wants to devalue his asset for emotional reasons, he gets to do that. It is his asset. As I previously stated he will not be using any of our joint funds however to pay an attorney or any court costs. Those bills will have to come out of his IRA. Our joint funds ARE my circus, my monkeys.
So, why do they want to break up the land? Autonomy? Cash-out? How much land does each person get? At $250k, is that enough land for a small farm? Would partitioning it make it vulnerable to a sibling selling to a developer? Just curious.