Annual accounting fees for corporation

[Gofer]

Keep paid for and Family (inherited) land out and buy new land in the Company.
In 1992 we were advised to put it all in by estate planning seminars and an overly highly paid lawyer.
Now son is in a divorce situation and fighting to keep "Family" land out of the valuation.
Very costly mistake, compared to if we had kept the land in our name and passed it on by will one of these days.

[farmaholic]

Keep paid for and Family (inherited) land out and buy new land in the Company.
In 1992 we were advised to put it all in by estate planning seminars and an overly highly paid lawyer.
Now son is in a divorce situation and fighting to keep "Family" land out of the valuation.
Very costly mistake, compared to if we had kept the land in our name and passed it on by will one of these days.

Depending on the circumstances, there is a whole new topic in this post. A very convoluted topic....under no circumstances should the "letter of the law" be applied to every situation, as every situation is at the very least somewhat different to vastly different from each other.

End tangent....