AgriLegacyMarrying into a family of farmers can be just as rewarding as it is challenging. You’re not only marrying a farmer, but, you are also marrying the farm. Whether you are coming from the “big city” lifestyle or simple country life, living of a farm can be an entirely new world to someone who is […]
The farm can be a lonely place sometimes. A farmer might be milking alone for hours, twice a day. Communication isn’t even possible when operating loud machinery. A farm wife might have little kids running around her constantly, but no adult to talk to. Loneliness, lack of communication, and too few opportunities to reconnect with […]
It can be challenging for a farmer to come up with a proper progression plan that allows for smooth sailing going forward. There are a few key areas that need to be discussed before these plans can come to fruition, though. The following guide is here to help. Upfront Knowledge When it comes time to […]
You grew up on the farm, learned to drive a tractor as soon as you could manage the clutch, and spent more hours talking to the animals than you have to your wife. That farm, with all its weeds, stones, and mud holes, is more precious to you than a work of priceless art. You […]
Bad times get us down. Whether the crops fare poorly, the cows don’t produce well, or the chickens get sick, you know the feelings of despair and hopelessness. You want to kick at the ground and raise a big cloud of disgust. These natural reactions to farm trials can be okay for a little while, […]
Whether you are an established farmer or just starting out, everyone will benefit from having a plan. While an established farm’s planning stage may seem frivolous, it allows for thoughtful decision-making at each stage. Is there a more efficient choice this year? Is there a greener option? What did I learn from last year? How […]
Every farm family needs a plan. By creating a solid succession plan, the needs of the family and the intentions for the farms future are covered. Crafting a plan can ensure the financial stability and agricultural legacy of multiple generations. Without a plan misunderstandings and huge business losses are almost inevitable. Not only do tax […]
When it comes time to pass down the family farm to the next generation, there is always the question of who gets what. Should all the siblings inherit equal parts, or does precedence go to the eldest? The answer to this question is, unfortunately, not simple. There are several factors to look at when determining […]
When estate tax issues arise in the wake of a family member’s death, there are a number of questions that will arise. The party who is inheriting the farm in question is bound to have a wide range of queries. Let’s take a closer look at the questions that are asked most frequently. Are There […]
You know that eventually it will be time to pass down the family farm to the next generation. The idea is half-blissful and half stressful. On the one hand, it will be great to relax and take it easy while someone else handles the farm. On the other hand, you’ve worked your whole life to […]
