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what happens when . .

  • 20-04-2015 7:11pm
    #1
    P_Cash
    Registered Users, Registered Users 2 Posts: 721 ✭✭✭


    the herd number holder / land owner passes away?

    with stock on the land?

    even if they didn't own the stock?

    even though its 100% going to be left to you, how do you guarantee payments?

    suppose stocking levels aren't met at the time of death?

    can one move stock in / stock out after the death of a herd number holder /land owner, but before its settled, reason I ask again, suppose animals were due to be sold, or bought.

    I rarely think ahead. but the cost of this business is just going up and up, and I don't want to be doing the wrong thing etc.

    this isn't about trying to avoiding anything, more about what could I lose if something happened.


Comments

  • #2
    freedominacup
    Registered Users, Registered Users 2 Posts: 7,920 ✭✭✭freedominacup


    P_Cash wrote: »
    the herd number holder / land owner passes away?

    with stock on the land?

    even if they didn't own the stock?

    even though its 100% going to be left to you, how do you guarantee payments?

    suppose stocking levels aren't met at the time of death?

    can one move stock in / stock out after the death of a herd number holder /land owner, but before its settled, reason I ask again, suppose animals were due to be sold, or bought.

    I rarely think ahead. but the cost of this business is just going up and up, and I don't want to be doing the wrong thing etc.

    this isn't about trying to avoiding anything, more about what could I lose if something happened.

    If all of the stock are yours do a lease and get your own herd number. Probate can take for ever then if the worst happens and it will mean very little to how you operate day to day.


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