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Estate Planning

Farm and ranch estate planning news and features. Find information that will help your farm family with business management, legal issues and succession planning. Discover what other farm families are doing to preserve their wealth and provide for an orderly farm transition.

Leaving the Farm to On- and Off-Farm Heirs By: 09/17/2014 @ 10:44am

By Dr. Donald J. JonovicSubmitted by J.E., via emailWhere we grew up, my father used to rent 350 acres of prime farmland from two brothers. They each received half of…

Financial Access for Off-Farm Owners By: 05/13/2014 @ 11:47am

How can an off-farm owner convince her sibling partner she has a right to farm financial information and a say in…

Bridging the Generation Gap With Mutual Understanding By: 05/12/2014 @ 8:43am

THE PROBLEM: WHEN GENERATIONS FACE OFF ON SUCCESSION ISSUES, CAN THEY AT LEAST START WITH MUTUAL…

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Protecting Assets Against Divorce By: 03/16/2014 @ 9:58pm

Is it necessary to cut a spouse from ownership in order to protect business assets against divorce?By Dr. Donald J. JonovicSubmitted by K.F., via email:My husband and his brother recently inherited their…

Preventing family warfare during a business split By: 03/12/2014 @ 9:38am

By Dr. Donald J. JonovicTHE PROBLEM: Are there ways to help keep business divorces from turning into drawn-out family warfare?Submitted by B.P., via email:My wife and I attended a talk you gave in 2006, and…

Easing ownership transition fears By: 02/24/2014 @ 10:20am

By Dr. Donald J. Jonovic THE PROBLEM: Is there some way to eliminate the owning generation’s fear of ownership transition planning? SUBMITTED BY K.P. VIA EMAIL Your article from the August issue of…

A guide to family meetings By: 01/13/2014 @ 12:46pm

The Hansen family began holding weekly business meetings four years ago. They’ve found that the meetings are critical to the operation of their multigeneration and fully integrated dairy…

Planning meetings essential to partnership By: 01/13/2014 @ 11:41am

By Dr. Donald J. JonovicPROBLEM: Can a partner convince his workaholic co-owner to respect the need for management and planning?SUBMITTED BY K.P. VIA EMAIL:My stepbrother, Dirk, and I took over our…

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America's Farm Moms: Carol Cowen

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