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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

Corn stubble with farms scene in background

Darren Frye

How farm’s long-term vision impacts decisions now

May 23, 2022

Defining the larger plan for your operation might be one of the most practical things for your farm – here’s why.

Davon Cook

How satisfied are you with your farm partners?

May 23, 2022

Putting some numbers to that question could provide valuable perspective.

Mike Downey

What is the fair market value of a family farm corporation?

May 11, 2022

Review your shareholder’s agreement to ensure ownership restrictions and valuation process guidelines are...

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Curt Ferguson

Finally in the tractor? Think legacy

May 10, 2022

Estate Plan Edge: Tractor time is thinking time. Use some of it to think about your legacy.

Davon Cook

Can this partnership be saved?

May 09, 2022

Sometimes farm business partners need to decide if the behavior of another partner can be overlooked.

Mark Balzarini

Consider using trust protectors in the estate plan

Apr 27, 2022

Farm & Family: The purpose of a trust protector is to have someone who will have the power to act to make sure your trust works as you planned.

Erin Herbold-Swalwell

Law offers new concepts to protect your trust, your wishes

Apr 26, 2022

Trusts can help farm families have a good estate plan in place before the loss of a loved one.

dad and daughter shaking hands in corn field

Davon Cook

Managing profit: Have a talk before you add new business ventures

Apr 25, 2022

Multi-generational partnerships that don’t first agree on a diversification strategy often run into trouble.

Michael Dolan

Life insurance strategies need time to grow

Apr 19, 2022

Estate planning: Plan early and wisely to get the most benefit out of insurance.

Davon Cook

Managing profit: Avoid tension with this farm policy

Apr 06, 2022

Here’s a helpful guide on how to invest higher-than-average farm profits.

Mike Downey

Who should own and benefit from your life insurance?

Apr 06, 2022

Make sure the ownership and beneficiaries of your life insurance complement your estate planning.

Chris Torres

Don’t skip steps managing pasture-based dairy

Apr 05, 2022

Northeast Notebook: MARBIDCO offers matching grants; cost share for split-N applications available; program to discuss retirement plans.

Prepare for estate planning meeting

Apr 01, 2022

Here are some issues to consider before meeting with an attorney.

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