May 26, 2017

Ready for Succession Tools

  • Legacy Project: What's Up With Estate Tax Reform?

    05/18/2017 04:27 PM

    There’s a lot of chatter about estate tax reform and how it might work. By the time you read this you might have a little more clarity on how it will look; however, this is a good time to examine the potential effects.  

  • A Legacy Preserved
    05/18/2017 03:42 PM

    Will and Laura run Willow & Co., a well-oiled farming machine squeezing every drop of profit from a shrinking commodity barrel. Pennies and nickels are precious in an anemic market, and the duo adheres to a strict regimen of efficiency, diversification and adjustment. The overall machine is geared for present gain, but the parts are deeply rooted to the past. 

  • Family Meeting Fundamentals
    04/21/2017 12:21 PM

    The succession-planning process is complex and lengthy. To keep your eye on the ball and meet your goals, your family must meet regularly to foster good communication and trust. 

  • The Farm CPA: Why You Might Want to Use a Disclaimer
    04/21/2017 12:13 PM

    Disclaimers originate from the common law of gifts, which requires the donor to make the gift and the donee to receive it.

  • Strategy to Manage Transaction Risk
    04/21/2017 11:54 AM

    As you know, buying or selling a farm is a complex process that entails risk and reward for both parties. Exposure to tax is one of these risks, but it can be mitigated when the buyer and seller plan for and pursue the most advantageous structure for the sale. This is especially important when considering a corporate transaction. 

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