I darted in the back door and fell on the kitchen floor out of breath. I started ex- plaining to my Mom what had happened. Then Johnny came in laughing. He admitted, “I was


the boogey man that scared you.” I was mad but too tired to hit my mean brother. I know of adult sib-


lings who do not speak because of hard feel- ings. In many cases it is because they cannot agree on how to divide property from their par- ents. No one wins in family strife except maybe the lawyers. My Dad and uncle were partners in the farm started by my grandfa- ther. Fortunately, my mother pushed my dad


to develop a plan with my uncle when they were in their early 60’s. They began by studying maps of the farm. They cut the farm into two blocks first by making new lines north to south and then east to west. At the time, state and federal estate taxes were a major concern. Our family farm is in Fayette County, Ten- nessee, east of Mem- phis, and is surrounded by subdivisions and a golf course. The land appraises much more for building houses than agricultural use. My dad and uncle hired an estate lawyer to cre- ate living trusts to min- imize inheritance taxes for us. Dad took the lead on “dividing the pie”. Black


top road frontage and soil drainage were fac- tors. To be sure the halves were even, my uncle got


to select which half of the farm


trust. Although living trusts


are usually more expen- sive to make than wills, they save money in the long term because heirs


My closest playmates growing up were my brother and my


cousins. I will begin by telling a story about one of the many pranks my brother played on me when we were young.


he wanted. A willing- ness to compromise was important. The lawyer suggested they sign an agreement which could be voided by either brother at the one-year anniversary. When the anniversary came, they decided to switch halves which they kept in the final


do not pay for probate costs. Which method works best for you will depend on your circum- stance. My dad died with Alzheimer’s dis- ease at age 91. Over time, he became less mentally able to make farming decisions. In hindsight, it was a situ- ation that he should


have considered as a possibility in his trust. Fortunately, it did not cause a family strife. Last year, my brother and I went through a similar land division planning process as our dad and uncle. Google Earth and Excel were helpful programs for my brother and me that they did not have. No one knows how


long they will live. Un- fortunately, my wife and I both have stage 4 cancer. We have good doctors but are realistic about our urgency to make plans. There are many things that we cannot control but we can do our part to pre- serve family harmony. Before planning our liv- ing trust, we talked with our son and


daughter


separately


and together to get their inputs. We chose a lawyer in Sikeston, Mis- souri who graduated from the University of Memphis. The Memphis lawyer who did my fa- ther’s


trust recom-


mended him. They have communicated to be sure the transition of assets will go smoothly to my heirs. For your family’s sake, do not delay making estate plans. Because my wife and I are Christians, God gives us a hope and peace that passes all understanding.


∆ DR. GENE STEVENS:


Professor Cropping Sys- tems, Division of Plant Sciences, Fisher Delta Research Center, Uni- versity of Missouri


‘15 CIH 8240 1814/1389 Hrs, 4wd, Tracks, Warranty.........$215,000


‘10 CaseIH 8120 1836/1383 Hrs, 4wd.................................$87,500


‘14 CIH 9230 2115/1645 Hrs, Field Ready..................$175,000


‘04 Kinze 850 30.5X32, Tarp, Scales, Very Nice..........$26,500


‘98 Kinze 840 Tarp, 30.5X32


..........................................$15,000


.


‘15 CIH 345 Disk, 28’, 7.5” spacing, hydraulic crumbler............$43,500


‘15 CIH 335 Turbo, 34’.....$47,500


‘13 CIH Magnum 260 2522 hrs., 480/80R46.........................$92,500


‘14 CIH Magnum 315 2690 Hrs, 520/85R46 ....................$97,500


‘11 CIH Magnum 290 3221 Hrs, 520/85R46 ....................$82,500


‘15 CIH Magnum 280 3316 Hrs, 480/80R50 ..................$105,000


TRACTORS


‘15 CIH Magnum 280 CVT 2520 Hrs .............$125,000 ‘16 CIH Magnum 310 2030 Hrs......................$149,000 ‘16 CIH Magnum 180 887 Hrs, 18.4R46.......$113,500 ‘14 CIH Magnum 190 1387 Hrs, 18.4R46........$98,500 ‘13 CIH Maxxum 140 1327 Hrs, 18.4R38 ........$69,500 ‘15 CIH Maxxum 125 1725 Hrs, Loader..........$79,000 ‘16 CIH Maxxum 150 1682 Hrs., 18.4R38 .......$75,000 ‘15 CIH Steiger 580 3427 Hrs ........................$155,000 ‘15 CIH Steiger 580 4227 Hrs, 710/70R42.....$147,500


GRAIN CARTS AND TRAILERS


‘12 Brent 782 30.5x32 tarp...............................$25,500 ‘13 Brent 882 Tarp ...........................................$26,500


‘15 CIH Maxxum 125 1725 hrs., ldr.... ..................................................$79,000


‘09 JD 9330 5902 Hrs, PTO, 520/85R46 R2...............$99,000


‘14 Brent 1082, Tracks, Tarp............................$59,500 Unverferth GC475 cart ......................................$6,500 Unverferth 7000 Tarp, 24.5X32.........................$9,000 ‘05 Kinze 850 Tarp, Scales ..............................$25,500 COMBINES


‘07 CIH 8010 1665/1325 Hrs, 4wd, Duals...................... ..........................................................................$89,000


’18 CIH 9240 973/739 Hrs, 4wd, Tracks, Warranty ..... ........................................................................$355,000


‘19 CIH 9250 439/348 Hrs, 4wd, Tracks .........$415,000 DRAPER HEADERS


‘05 CIH 2052 30’ ..........$18,500 ‘06 CIH 2062 36’ Flex ....$29,500


©2007 CNH America LLC. All rights reserved. Case IH is a registered trademark of CNH America LLC. CNH Capital is a trademark of CNH America LLC. www.caseih.com


November 20, 2020 www.mafg.net / MidAmerica Farmer Grower • 7


‘16 CIH Magnum 310 4197 Hrs, 480/80R50, Guidance...$95,000


‘05 MacDon 973 25’ .........................................$19,500 ‘06 MacDon D60 30’, Fits CIH..........................$21,500 ’10 MACDON FD70 40’, Fits CIH or JD............$37,500 ‘12 MacDon FD70 35’, Fits CIH........................$39,500 ’12 MACDON FD70 35’, Fits JD.......................$42,500 ‘14 MacDon D65 25’, Fits CIH..........................$32,500 ‘03 HoneyBee 25’ for JD....................................$7,500


TILLAGE


JD 630 Disk, 26’..................................................$9,000 ‘04 CIH RMX340 disk 28’, 7.5” spacing ............$19,500


‘07 CIH Magnum 305 6180 Hrs, 480/80R50 .......................$72,500


‘05 CIH RMX340 disk, 25’, 9” Spacing, Remlinger crumbler ..........................................................$20,900


Triple K 33’ S-tine ..............................................$5,500 SPRAYERS


’14 CIH 3330 1470 Hrs, 100’, AIM, Guidance ........


........................................................................$152,500 ‘15 CIH 3340 1550 Hrs, 120’, AIM, Guidance


........................................................................$189,000 ‘16 CIH 3240 1120 Hrs, 100’, AIM, Guidance


........................................................................$179,000


‘16 CIH 3340 882 Hrs, 90’, AIM, Guidance ....$215,000 ‘17 CIH 3240 396 Hrs, 90’...............................$189,500


Don Medlin Co.


Hwy. D • Caruthersville, MO 63830 www.donmedlinco.com


573-333-0663 ......... ........


Page 1  |  Page 2  |  Page 3  |  Page 4  |  Page 5  |  Page 6  |  Page 7  |  Page 8  |  Page 9  |  Page 10  |  Page 11  |  Page 12  |  Page 13  |  Page 14  |  Page 15  |  Page 16  |  Page 17  |  Page 18  |  Page 19  |  Page 20  |  Page 21  |  Page 22  |  Page 23  |  Page 24