Farm Management
Family trust or LLC for succession planning?
When planning to transfer a family business or valuable assets to the next generation, one common question that comes up is whether to use a family trust or an LLC (Limited Liability Company) for succession planning. Both options can help you manage assets, protect wealth, and ensure a smooth transition. However, each comes with its…
Read MoreWhat Operational Skills Will the Next Generation Need to Successfully Run the Farm?
Farmers today face a rapidly changing world. As farms grow more complex, passing the farm to the next generation requires much more than a transfer of land. The next generation of farm operators must develop a wide range of operational skills to ensure the long-term sustainability and profitability of the farm. These skills go beyond…
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