Those who own a family business are wise to take steps to protect the future of the business. The following tips can help those who run a family business better ensure it passes in accordance with their wishes. #1: Get documents and instructions to effectuate the transition It is always helpful to have a business…

Farmers may need to think more about estate planning than others do. They often own large tracts of land, run small businesses and need to divide assets between children who work both on and off the farm. This means that farmers-more than most people-may benefit from estate plans that go beyond a simple will. Finding…

Estate planning can be difficult for anyone, but it can be extremely tricky for farmers. Farms are both real property, personal property (machinery), and business operations, and many farmers need to figure out how to divide their assets between children who want to farm and others who don’t. You may not wish to consider your…