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Archive for the ‘Farm Estate Planning’ Category


Farm Estate Planning Accountants: Do They Have More Than One Role on Your Farm?

Let’s face it, farmers don’t have estate planning accountants. At least they don’t have farm accountants that specialize in estate planning. Farmers and all small businesses have accountants that must either play more than one role, or accountants who recognize when to call in a colleague who is a specialist in one thing or another. [...]

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Farm Succession and Financial Retirement Planning

Many people retire after they find themselves financially stable enough to support all their needs. There are also some who consider first how much they have already saved for them to say that they are already ready for retirement. Well, money matters really play a vital role in retirement and to become financially secure after [...]

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Savvy Farmers Know It’s Not The Workplace Conflict They Know About That’s The Problem

As farmers we are often trapped by the unintended results of untested assumptions. After all we’ve been in business a while, maybe a long while, and we’ve been successful so far. Often that only means we’ve guessed right more often than we’ve been wrong. What’s the expression, “It’s better to be lucky that good?” Well [...]

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Characteristics of Exceptional Farm Accountants

An exceptional farm accountant one who is well trained, experienced, and who works well with others. For example, an accountant who is not a CPA yet who is willing to call in specialists whenever and wherever needed is more valuable to you and your business than a hot shot expert who is unwilling to admit [...]

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The Three Long Term Planning Options For Successful Farmers

What will happen to your family, your partners (maybe family members), and even the farm itself when you leave? And leave you will, one way or another. If you are like most farmers you have essentially everything you and your family own tied up directly or indirectly in your farm business. You probably have very [...]

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Farm Succession Planning With a Coach?

Small business coaches have become a critical member of the business planning team. In the 21st Century we will see their role expand exponentially in importance, especially among the members of successful family owned companies. Successful family owned farms, those whose decisions are often – probably too often, driven by non-business issues make up the [...]

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Avoid the Farm Estate Planning Alphabet of Doom!

The essence of estate planning is the transfer at death of assets from one generation to the next. In the case of a farm family the vast majority of what has been put together must stay together if the farm is to succeed. Let’s face it, you can’t sell assets that are directly or indirectly [...]

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