News
Today’s agriculture headlines and expert perspectives serving farmers, ranchers, crop consultants, livestock nutritionists and the entire U.S. ag community.
When timing is everything, a contingency plan will keep you on track.
Attention to business matters keeps family operation focused.
Disability, life and long-term care insurance provide reassurance.
Profit centers give this Montana family more flexibility.
Use the current estate tax laws, economic situation to your advantage.
A comprehensive succession plan always includes strategies to mitigate the estate tax and minimize transfer obligations. But even the best estate plan may not address succession concerns.
If a family has not adequately planned for succession, the operation will likely go out of business, be absorbed into ever-larger farms or be converted to nonfarm uses. Using the five keys to planning success will create a succession road map.
The Farm Journal Legacy Project continues its mission to help families protect their ability to continue farming.
Whats the difference between equal and fair in succession planning?
A properly designed succession plan creates a better outcome for farm owners and their successors.
The buy-sell agreement is an unsung hero of successful farm transitions.
Farm Journal Legacy Project workshops bring key elements of a succession plan to life.
Use upcoming meetings to prepare for a successful 2020.
Campbell Soup Shifting Canadian Production to Its U.S. Factories
The Trump administration released a summary of its sweeping tax reform plan Wednesday that has some considerable changes – including repealing the so-called death tax, which is sometimes criticized as a hardship for small businesses and farms.
New and expanded tax incentives for farmers and small businesses provide more flexibility in tax management this year.
Here’s a quick rundown of changes farm managers should pay close attention to this year.
Farmers still face many unknowns in regard to the new tax law, says Paul Neiffer, tax principal with CliftonLarsonAllen.
There are steps you should take to ensure you’re able to live the life you desire once it’s time to pass the management reins to the next generation.