Dear Michael: We have two sons who are farming with us who are now in their 40s, have good marriages, and we trust them to handle property properly. We have some land coming up for sale in the area that we feel would work great in our operation. We would like our two sons to buy this land, but they lack sufficient collateral to make this purchase. We do.
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Michael Baron provides estate planning guidance at Great Plains Diversified Services in Bismarck, North Dakota. Email him at KeeptheFamilyFarm@gmail.com.
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