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Home>Farm Business>Farm Life

Farm Succession

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Key guides and information surrounding the critical practice of estate planning and succession design.

Is it cost-effective to bale your own hay?

This free buyer's guide helps farmers evaluate the cost-effectiveness of owning and operating hay equipment.

Highlights

Trusts really do lower income taxes

Jul 02, 2020

Estate Plan Edge: The belief that assets held in trust will cause higher income taxes for the beneficiary is a myth. The fact is, a trust...

Paying too much, or too little?

Jun 30, 2020

You may never know the real cost of do-it-yourself estate planning.

Three generations of male farmers walking through a wheat field

Make the transition from farm CEO to board chair

Jun 25, 2020

The road map to farm succession plans ends with the young farmer becoming majority manager.

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List

Gun trusts provide unique legal features

Jun 24, 2020

Country Counsel: A gun trust allows restricted firearms to be owned and transferred.

Farm transition step 2: Pay next generation to work on farm

Jun 24, 2020

The young farmer makes more decisions in the next phase of a farm succession plan.

Needs, expectations for successful farm succession

Jun 23, 2020

Tough Decisions: A well-thought-out plan will help ensure the family farm continues for another generation.

1st step in farm transition: Send next generation off farm

Jun 23, 2020

Education and experience increase the value of a young person in the family farm business.

Time to transfer the farm to the next generation

Jun 22, 2020

Here are some obstacles older farmers must overcome before starting a succession plan.

Farming genes strong in Tennessee farm family

Jun 18, 2020

Agriculture trumps nuclear engineering for young Tennessee farmer.

Three generations of farmers walk a wheat field

Pennsylvania Farm Link helps new farmers get started

Jun 10, 2020

Young Farmer Podcast: Michelle Kirk discusses the group’s work "linking farmers to the future."

Keep estate plan current during unprecedented times

Jun 02, 2020

Farm & Family: Low interest rates make transferring assets attractive at this time.

Seek wisdom in uncertain times

May 28, 2020

Commentary: Timeless principles don't change when bad things happen.

Current economy creates ideal estate transfer opportunity

May 28, 2020

Estate Plan Edge: Incredibly low interest rates and depressed land prices provide an exceptional window for large estate transfers.

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