Legacy Planning
Estate planning laws aren’t different for farmers versus others; however, there are variances, such as vocabulary, emotional ties to land, operation versus land, own versus rent, personal financial statement and deeds.
While the Christmas dinner table isn’t the place to discuss succession planning, Top Producer Seminar is!
For the Gruhlkey family, farming thousands of irrigated acres in two states and eight counties is the easy part.
Transitioning a business from one generation to another is complicated. Add the complexity of being family owned and operated, and you have an entirely different set of challenges.
Estate planning laws aren’t different for farmers versus others; however, there are variances, such as vocabulary, emotional ties to land, operation versus land, own versus rent, personal financial statement and deeds.
Father-son duos take charge of their transition timelines.