Farm Succession

Many producers put off the task, and there are some underlying emotional reasons behind it.

Estate Plan Edge: Let’s do some retirement math! Here’s how prepaying expenses and delaying income creates a tax problem — with a charitable solution.

Wills, powers of attorney and advance directives can now be witnessed and signed via video conference.

If you don’t already operate your farm business through limited liability companies, see if one or more of these would work for you.

Embracing the changing seasons of your life can help you retain control longer.

Have a contingency plan in place and investigate legal options such as power of attorney or a living trust.

Country Counsel: Physicians are typically the best persons to determine incapacity.