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Paddock Promises and Probate Problems: The Future of Farm Succession Planning
Consider the following scenario: a farmer spends 40 years building up a property, only for their succession plan to consist of a vague promise and a Will that has not been reviewed since the 90’s! Upon the reading of that Will, siblings who have had limited contact find themselves locked in litigation over who is entitled to the homestead, who receives the outlying land, and whether a handshake deal made decades earlier gives rise to any enforceable rights. This is the realit
By Laura Quarrell & April Barakat
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