Successful farm transition does not happen without a plan and effort. This meeting will provide you with the information and resources you need to get started on and continue on the path to transferring the farm business to the next generation while protecting the current generation’s financial needs.
Topics to be covered:
•How to start the Farm Transition process
•How to expand your farm estate for your heirs without estate tax inclusion
•How to set up a grain hauling operation to minimize legal and risk
•How to establish a Family “Farm Operating Agreement with your children
•How to create money outside your estate to pay estate settlement expenses
•How to design options for farm heirs to purchase farm assets form non farm heirs