I was pleased to have been interviewed by Chip Flory on the July 30, 2020 AgriTalk program about estate planning during the Covid-19 pandemic, as well as my upcoming presentation at Farm Journal’s Field Days on pre-nups, post-nups, and how to keep assets in the family.
I invite you to join me for Farm Journal Field Days – The New American Farm Show™, which is a free online show taking place August 25-27, 2020. I will be giving a virtual presentation on “Pre-Nups, Post-Nups, and Buy-Sells Oh My! How you can keep assets in the blood.”
Learn more about Farm Journal Field Days.
Join me and a host of experts offering advice on all things agribusiness, from crop marketing to succession planning, in the Agribusiness Management Program (AMP) Summer Webinar Series. The series is FREE and runs every Wednesday from July 8 – August 5 (times of webinars vary on each day). Learn more.
The time and legal fees saved today by ignoring estate planning will ultimately be costly in exponentially increased legal fees incurred by heirs. Feuds, destroyed relationships, and the loss of the farm through divorce or a forced sale can also occur. Read about how estate planning today can help to avoid these consequences.
This year’s Top Producer Summit will be held at the Chicago Hilton beginning on January 28, 2019 and continuing through January 30, 2019. As part of the conference, the Farm Journal Legacy Project – Drive 2020: All Systems Go – will be held on January 28, 2019, and will feature a day-long series of presentations on Succession Planning, including building a succession plan, tax strategies, answers to challenging questions, employment and ownership policies, prenups, postnups, buy-sell agreements, and setting the stage for transition.
At one time, a top concern for many farm owners was how to prevent losing the family farm to pay estate taxes upon the death of the owner. Today, with the higher than ever federal estate tax exemption, losing the farm as a result of estate taxes is usually not the biggest concern for keeping the farm in the family. Instead, divorce, potential lawsuits, and other events pose a much bigger risk. Learn about estate planning techniques that can be used to protect family farms.