Agricultural Productions Systems McLeod/Meeker counties The University of Minnesota Extension will present “Farm Transition & Estate Planning: Building Your Exit Strategy” on Wednesday, Feb. 9 and ...
Not planning for long term health care, when doing farm business transition and estate planning, can financially cripple the farm business. There are three reasons why many farm families overlook ...
4. Build a Business Plan. During a transition there will be differing opinions and passionate feelings about the direction of the farm. Froese says that’s expected and farmers need to remember ...
wealth transfer and business succession planning. “I don’t have the magic wand. But I know farm owners have to stay focused on their end goal.” From her professional experience, as well as ...
The following documents help family businesses and farm businesses start planning for their future. Estate planning for a farm or family business can help ensure that assets are distributed per the ...