Farm Succession & Estate Planning Seminar: It’s not your grandparents’ farm anymore
Time & Location
About The Event
Knowing where to start with an estate and succession plan for your farm may be difficult. In this seminar, we will:
Go over the basics of estate planning and review some of the unique estate planning tools used by farmers.
Answer some common questions we get asked on a regular basis. Should my farm land be owned by a trust? Will I pay a gift tax if I give the farm away? Should I establish an LLC to own the farm? Do I qualify for the family farm land deduction for the Minnesota estate tax?
Give an update on the federal and Minnesota gift and estate tax.
Attorney Jason Wagner of Ward & Oehler, Ltd. will answer these and other questions so you are better equipped to start the conversation and develop a solid transition plan for you and your family.