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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The start of the review of the most important ag law and tax developments of 2023—that is the topic of today’s Firm to Farm blog post by RFD-TV agri-legal expert Roger A. McEowen
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But, what does “detached and disinterested” mean? When is a transfer of funds a gift — at least in the eyes of the IRS? That is the topic of today’s Firm to Farm blog post by RFD-TV’s Agri-Legal Expert Roger A.McEowen.
Just how much are probate fees? How are they determined? That is the topic of today’s Firm to Farm blog post by RFD-TV’s Agri-Legal Expert Roger A. McEowen.