Posted by NY 986 on November 24, 2015 at 15:05:19 from (97.47.1.159):
I was talking to a younger farmer friend and we got to talking about how certain operations locally got to be what they are today. I mentioned one operation and pointed out that when he was too young to care about such things the patriarch at the time had left his boys a very large sum of money via life insurance. How do I now this? Simple, the neighborhood insurance agent made this family his selling point to at least me. My friend is a very smart person but he had never given much thought as to insurance and its role of preserving and/or growing the business for the next generation. He is fortunate that he is plenty young to do something that will have a large impact in the future. I wish my ancestors had given this more thought but I am not sure how much they could have done. I was wondering if anybody had any stories to share as to how maybe a shrewd financial plan had positively impacted their business.
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Today's Featured Article - Talk of the Town: The Saga of Grandpa's Tractor - by The following saga is from the Tractor Talk Discussion Forum. Someone. The saga starts with the following message: Hey guys I have a decision to make. I know what you all will probably suggest and it will probably agree with me way down inside, but here it is. I have a picture blown up and framed in my "tractor room" of a Farmall M. It was my Grandpa's tractor, of which whom I never got to meet. He froze to death getting this tractor out of the barn to pull a truck out of the ditch before I was born. Anyway my dad and aunt had to sell it at the auction,
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