Transferring Your Farm Business to the Next Generation
Product Code: 862
Pages: 89
Availability: In stock.
Price:  $23.75
If you're struggling with how to transfer a successful farm business to the next generation, then this book is for you. This bulletin is designed to be a reference that is used over and over. The authors address five key questions: Do we have an economically viable business to transfer? Are there enough income and assets to provide for the older generation's retirement needs? How can we happily work together to help make the transfer a success? What should be transferred to the next generation and when should it be transferred? How do we avoid paying unnecessary income, gift, and estate taxes? Addressing the five questions won't be easy. But failure in any one of these areas will make it difficult, if not impossible, to transfer a successful on-going farm business to the next generation.
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