How to Keep your Farm in the Family

DISCOVER THE POWER OF PLANNING

When families are ready to establish a plan for transferring THE FAMILY FARM how should they begin the process?

When we talk to families about farm succession, the first basic question we ask is, “Do the numbers work?” We often find that clients who have worked on a succession plan have not “run the numbers.” It’s extremely important to run the numbers first, before completing documents for any buy/sell or will/trust structures. Farm owners would not buy equipment or rent additional acreage without crunching the numbers first. That same concept should apply when doing estate planning.

Ask yourself some candid questions:

What is the value of my farm?
What is “sweat equity?”
Am I ready to give up the farm and retire?
When is the right time to step away?
Should I look outside my family to sell my farm?

Unity Farm Estate Services, LLC is your resource for sorting through these, and many other, difficult questions. We provide the guidance and assistance you need to work through and complete the planning process.

For a no obligation consultation, contact us at
855.550.FARM (3276) or 952.564.6040
We offer a no-charge ﬁrst appointment to go over your current transfer plans.