6 Ways to Save the Family Farm

6 Ways to Save the 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...
6 Ways to Save the Family Farm

Keeping the Family Farm in the Family

[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...
6 Ways to Save the Family Farm

Saving the 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...