Dad has opinions but no ownership

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Water Street CEO Darren Frye recently answered a reader question in his Finance First column: "My brother and I took over the farm from our dad a couple years ago. He still helps out driving tractors and as a laborer during busy seasons. He has no financial stake in the farm anymore, other than renting us some land. But he continues to give us his opinions and even takes action on some purchases and decision-making for the farm as if he’s still an owner. What’s the best way we can deal with this?"

Read on at to find out what advice Darren has to give this reader.