Preparing ahead for farm and ranch succession

How to select a lawyer to handle inheritance matters

  • Planning ahead for passing a farm on to family members is essential but many producers procrastinate on making those important decisions.
    Planning ahead for passing a farm on to family members is essential but many producers procrastinate on making those important decisions.
Farm and ranch succession planning is an important part of overall financial planning. However, it is something many producers procrastinate about. Drafting a will and a health care power of attorney, creating a trust and maximizing your loved ones’ inheritance by minimizing taxes are important matters you do not want to leave to chance.Make a listBefore you schedule a meeting with a lawyer, it…

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