Businesses used to be transferred from one generation of a family to the next very regularly. While it no longer happens anywhere near as much these days, that doesn’t mean that you can’t leave the business you’ve worked so hard to build to your kids.
The passing of a business from one generation of family to [...]
Entries Tagged as 'farm estate taxes'
Tax Issues When Leaving a Business to Your Child
August 27th, 2010 · No Comments · Estate Planning, Farm Estate Planning
Tags: Estate Planning·estate planning mistakes·farm estate taxes·Passing Down the Farm
Passing Down The Farm to the Next Generation
August 18th, 2010 · No Comments · Farm Succession Planning
http://www.passingdownthefarm.com/farm-succession-system If passing down the farm is important to you, if you want to be in 100% control of the process, and if you believe that you are the one who will be held accountable for the results – as defined by the success of your farm’s transition, it’s time for you to take [...]
Tags: farm crisis·farm dairy crisis·Farm Estate Planning·farm estate taxes·Farm succession planning
Farmer Mastermind Groups in the 21st Century
July 10th, 2010 · No Comments · Farm Strategic Planning
The mastermind principle, as originally conceived by Napoleon Hill, is about the power of a “third mind” made possible through regular collaboration.
That’s when a small group of co-equal colleagues and contemporaries share experiences and insights that create “Ah ha” moments for each of them.
In a farm mastermind group there are no profesional organizers. There are [...]
Farm Estate Taxes and the New Ford F150 Pickup
June 20th, 2010 · 2 Comments · Farm Estate Planning
Recently I ran into an old client sitting proudly in his new red pickup.
He was from the old days when I was pretty new at helping farmers redesign their businesses for the future.
I had not seen him for years.
He is a little older than me still hanging around the farm, although he has pretty much [...]
