Farm Succession

Farm & Family: The use of promissory notes and life insurance can play a role as well.

There are several factors to keep in mind when planning for future taxes.

Profit Planners: Even with a year to plan, finding a spot in the farming operation for a child can be difficult.

Estate Plan Edge: A late planting season may lead to lower crop yields. In estate planning, procrastinating can also prevent optimal results.

Passing a family farm to the next generation can be tricky. Here are some ideas to make it a smooth handoff.

For success in future planning, “getting along” will be important for this Montana producer.

Plan now to protect your farm and its future from the devastation the end of your life will bring.