Leaving a legacy has always been an important concept for farm families. While that legacy often involves landholdings and leadership roles, it can also include faith, values, and reputation.
Roger McEowen with the Washburn School of Law joined RFD-TV’s Tammi Arender to discuss why legacy also involves character, the main considerations producers need to keep in mind to best structure their farming business, and how a farmer knows if their activity is a trade or business in the eyes of the IRS.
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Roger McEowen of the Washburn School of Law discusses the lack of legal expertise in rural areas and a new program in Kansas aimed at addressing the issue.
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Pat Hord with the National Pork Producers Council joined us to recap producer meetings in Washington and discuss key policy priorities including Prop 12 and agricultural labor.
