Explore the critical importance of liquidity in farm inheritance planning and how it can safeguard your family's legacy.
The goal of passing on the farm to the next generation requires careful thought, communication, and planning. Estate and succession plans help farm families think through the transfer process. Most ...
an Indiana attorney who focuses on estate, wealth transfer and business succession planning. “I don’t have the magic wand. But I know farm owners have to stay focused on their end goal.” ...
For many farm and ranch families, bringing children or grandchildren into the operation is the ultimate goal. Successfully ...
The transfer of a farm from one generation to the next is not just a business deal, it’s a legacy transition with layers of ...
Many farm/ranch families struggle with questions for the transfer of property to the next generation: “How can I be fair to ...
The University of Minnesota Extension will present “Farm Transition & Estate Planning: Building Your Exit Strategy” on Wednesday, Feb. 9 and Wednesday, March 23. These full-day workshops are ...
There is a cost to being a leader and Myron Friesen explains how that relates to farm estate planning.
Estate planning sounds as if it is for the über ... To the extent valuable family real estate (e.g., a family farm) or a family business is passed to an heir, have an agreement that provides ...
Even if not a farm or ranch, a multigenerational family ... These are just a few of the estate planning issues raised in the Yellowstone series. While you may not worry about a family member ...
By Dr. Noah Ranells NC Farmlink Director, Eastern NC RALEIGH – As agriculture continues to be a cornerstone of Johnston County’s economy, farm succession planning is emerging as a ...