Farm succession planning can be an immense undertaking. You are setting the stage for the future of your land, farm business, and family. So, where do you begin? From conservation easements, family trusts, and LLCs to capital gains, and estate and gift taxes, it can be easy to get overwhelmed by the complexities of farm transfer options. But, did you know that having the right business structure can make farm succession much more smooth? Check out our free Farm Succession Planning Basics for more information.
How can the right business structure help with farm succession?
It might feel strange to be thinking about farm succession (transferring your farm to the next generation) when you are just starting your farm, but here's why it's important...