Estate planning is one part of a farm families finances that often gets overlooked. In fact, research has shown that approximately 60% of American farmers do not have an estate plan in place. Not taking the proper steps in planning for your farm could become financially devastating for your surviving family down the road. At Dunncreek Advisors, we’re here to help you with your estate plan documents to ensure that you at least have the basics in place should something unforeseen happen to you down the road.Read Full Article
farm transition plan
Big Picture Strategy for Farm Transition Plan
As you consider the farm business legacy and transition plan, it can seem rather daunting. There are a lot of details involved. Sometimes it helps to step back and understand the big picture.
Regardless of the particulars of your specific farm business, a basic strategy can usually help you wrap your head around the work that needs to happen regarding the transition plan. Read Full Article
