Insights

Developing a succession plan for a farm operation is often a daunting task for many families.

The critical role of farm appraisals in succession planning. The transition of a farm from one generation to the next is a significant event, and a process filled with emotion and significant financial implications.

As harvest approaches this year, global conflict headlines continue to take a back-seat to what has been a very friendly US growing season.

When purchasing a farm, sometimes the property includes a house for the farm family to use as their primary residence.

As planting approaches this year, Russia/Ukraine conflict headlines have taken a back seat to concerns over China’s struggling economy and a continued lackluster demand profile for U.S. grains and oilseeds.

Given the all‑consuming complexity of any farm business, it’s not uncommon for farmers to overlook the importance of retirement planning. The constant need to reinvest in these businesses means there’s rarely a good time to think about saving for the

The simplest part of tax compliance and planning for a farm should be the family home. However, tax issues related to farmhouses abound! Let’s unpack a few of the more common concerns.

For too long, farmers have struggled alone with mental health challenges. Today, the topic is more widely discussed and help is more readily available.

Family business succession planning involves many components, including family dynamics, leadership training, financial planning, management transition, legal agreements and – you guessed it – taxes.