March 12, 2010
Because you're here, I assume you are interested in your farm's long term success. Click here to learn the most cost effective way to achieve it!.
At the Top Producer Young Farmers Program, Kevin Spafford, Farm Journal succession planning expert, a breakout session entitled How to Talk to Dad with Ben Hudye, of Hudye Farms. Listen to this segment: Nothing worth doing is without challenge.
Duration : 0:1:7
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Technorati Tags: farm, Farmers, father, Journal, Legacy, planning, Producer, Program, Project, son, succession, Top, transition, Young
Posted in Farm Succession Planning 
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March 12, 2010
There is every possibility that capital gains taxes, taxes on the increase in the value of your farm, will be imposed on your family before you die.
Regardless of your view of who’s in Washington right now, you are not likely to be looking to sell or die in the next few years – so whatever is happening now is not what’s important.
This article explores the impact on farmers and business owners wanting to sell or pass along their business based on the very real probability of this impending increase.
Thinking of selling your business? If you have planned it correctly, most of your transaction proceeds should be long term capital gains.
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Technorati Tags: capital gains, capital gains tax, capital gains taxes, estate taxes
Posted in Estate Planning, Farm Estate Planning No Comments »
March 11, 2010
Wildlife film maker Rebecca Hosking investigates how to transform her family’s farm in Devon into a low energy farm for the future.
With her father close to retirement, Rebecca returns to her family to become the next generation to farm the land.
Duration : 0:10:0
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Technorati Tags: agronomics, culture, ruralism, transition
Posted in Farm Succession Planning, Farm Transition, Farming Successfully No Comments »
March 11, 2010
Successful farmers make sure they insure their business properly. They know how important it is, often from their own experience – or from that of a neighbor.
It is very, very important no matter what kind of business you are into. Farm insurance can save you from natural and manmade disasters, liabilities, and more.
Choosing the right kind of insurance is extremely important. The insurance you choose must provide you with adequate cover. To put it simply – your goal is to insure your business in the best possible manner at the right price.
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Technorati Tags: business insurance, business insurance agents, farm insurance, farm insurance agents, small business insurance
Posted in Farm Estate Planning, Farming Successfully, Management Succession No Comments »
March 10, 2010
Most people who ask for family estate trusts really want a revocable living trust to reduce estate taxes and manage finances. Consider family estate or revocable living trusts with an estate planning and probate lawyer in this free video on estate law.
Expert: Brad Wiewel
Contact: www.texastrustlaw.com
Bio: Brad Wiewel is board certified in estate planning and probate by the Texas Board of Legal Specialization and has been practicing law since 1978.
Filmmaker: Demand Media
Duration : 0:1:29
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Technorati Tags: estate, law, planning, probate, trust
Posted in Estate Planning 1 Comment »
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