I get it, nobody gets excited about estate planning. Folks would rather postpone meeting with a lawyer and paying legal fees until a “better time”, or simply leave it to the kids to determine what will happen to the family farm after they pass.
The fact is, 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. This doesn’t have to happen. Read how you can protect your farm and family today, and create a smooth transfer to the next generation after death.