The following commentary does not necessarily reflect the views of AgWeb or Farm Journal Media. The opinions expressed below are the author's own.
Paul is now part of the fourth generation in America that is involved in farming and hopes the next generation will be involved also. Through his blog he provides analysis and insight to farmer tax questions.
Lifetime giving of appreciating assets is one great tool to use to prevent unnecessary estate taxes. However, if done incorrectly, these gifts can prove costly.
I will do a multi-series post on some of the mistakes to watch out for in the next few days:
More to come later.....
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