Keeping the land in the family is a key component to preserving a farm’s legacy, which is why estate and succession planning are so important to many farmers and ranchers.
There are a few key aspects to keep in mind.
Roger McEowen with the Washburn School of Law spoke with RFD-TV’s Suzanne Alexander about gifting with debt, how to plan for transition, and what producers need to keep in mind.
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In part six of his blog series,"Top 10 Developments in Ag Law and Tax in 2023,” farm legal expert Roger McEowen tackles issue #2, foreign ownership of ag land.
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In part four of his blog series, “Top 10 Developments in Ag Law and Tax in 2023,” Roger McEowen tackles issue number four, the Employment Retention Credit.