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The farm auction

November 14th, 2005 at 03:11 am

Sister called last night. The farm auction went off without a hitch. The farm equipment that was still there (!), tools, pig iron, things in the sheds, guns, and the household stuff that sister and family didn't take went for about $20,000.

She told me that she had a pretty good conversation with the executor and got caught up. The second parcel got two estimates - one with house, grounds, and land sold together, and one with most of the land split from house, barn, sheds, and 20 acres. If my sister gets the house and a bit of the cash equal in value to what I get in cash, it turns out that the numbers work if she really wanted the house - she would probably get enough cash to fix up the house, should she choose. Now she's a bit frightened - so far the creditors for mom's medical bills haven't come forward. If that holds it means that my sister and I will inherit in the very high $200,000s.

Sister was hoping that the decisions would be made for her in such an obvious economic way. And a couple of the distant family relations still in east-central Wisconsin really want her to keep the house. They told her that she wouldn't come back if she just took the cash. (Like me) That could well be, but I told her that it was her life. If she had plans for the house, fine, but don't take on a house just because people want you to.

DH was on a funny work schedule, so he was at work today. My opportunity to do something that he is lukewarm about. I saw Good Night, and Good Luck which I enjoyed very much, but I missed the matinee. Yikes! 9$.

2 Responses to “The farm auction”

  1. Anonymous Says:
    1131967313

    What happened with the things Nut took? Did you ever resolve those issues or did you let them go (picking your battles)?

    Glad to hear everything went well!

  2. Anonymous Says:
    1132019781

    We're at a standoff with Nut but he's throwing another curve.

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