Top 10 Concerns of Independent Farmers

Succession planning for farm
Unintentionally disinheriting heirs
Equitable distribution of wealth among heirs, especially to those who may not work in the farm.
Reducing and avoiding taxes
Business Issues/Weather/Crop Failure
Being “Land Rich, Cash Poor”
Health care costs, caring for parents, long term care and disability
Not understanding how the estate tax works
How to fund a significant estate tax liability
Leaving a legacy—70% of family wealth transfers fail within 3 generations

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