by David Edwards | Nov 29, 2022 | Elder Care Advising, Family Farm
Family farming revolves around the land. Farmland is often passed down from generation to generation. The assets, skills, and work ethic that have been poured into the farm are the family’s legacy. The act of passing on the land to one’s children is a rite...
by David Edwards | Jun 20, 2022 | EP-FamilyFarmsPage, Family Farm
Sometimes it’s hard for our kids to accept advice from us, their parents. Despite our life experience and wisdom, they make their own decisions. And the decisions they make can have big implications, especially when it comes to whether or not you should sell the...
by David Edwards | May 26, 2022 | Elder Care Advising, EP-FamilyFarmsPage, Family Farm
Many families think that joint ownership will make things fairer or even help avoid probate. What they don’t know is that it can really cause some problems. It can go a little something like this… Grandad left his property to Dad. Then when Dad passed away...
by David Edwards | May 29, 2014 | EP-FamilyFarmsPage, Family Farm
When you pass away, what will happen to your farmland? Maybe it’s land that has been in your family for generations. For many families, saving the family farm is important. Without a specific estate plan in place, the land is at risk. You may even know families like...
by David Edwards | Jun 1, 2010 | Family Farm
[originally appeared in the Prairie Farmer magazine – reprinted with author’s permission] “We worked hard to pay for and build up the farm to what it’s worth today. We couldn’t have done it without the help of our son (or daughter). As we do our estate...
by David Edwards | Mar 11, 2010 | Family Farm
Effectively planning to protect the family farm requires us to consider at least two types of planning. And the two types involve two different definitions of “save.” 1. Does it mean to transfer the farm and protect it from nursing home costs, estate...
