Advertisement

Category: Succession Planning

  • Posted By North American Ag
    Sep 15 

    https://agfuse.com/article/looming-tax-changes-potentially-catastrophic-for-farm-families-1
    4 Upvotes
    2 Shares
    2 Reposts

    Post As

    Viewable By

    My Followers
    • Everyone

      Every person viewing AgFuse.

    • My Followers

      Members who follow me.

    • Group Members

      Select a group I follow.

    Post As

    Looming Tax Changes Potentially Catastrophic for Farm Families

    By North American Ag

    Published Sep 15 

    WASHINGTON September 14, 2021 - Tax changes would be potentially catastrophic for farm families, and it’s an issue that affects every American. National Cattlemen's Beef Association Senior Executive Director of Government Affairs Danielle Beck talks to Chrissy Wozniak about the developments. Last week NCBA released a letter to House Ways and Means and Senate Finance Committee urging them to consider the implications that changes to federal tax policy will have on family-owned agricultural businesses. Nearly 330 trade associations representing family-owned food, agriculture and related businesses agree that, when drafting legislation to implement President Biden's Build Back Better agenda, it is critical that the “American Families Plan” must also support family farms and ranches. “Congress must consider the complex structure of family-owned agricultural businesses that serve as the backbone of rural economies; therefore, understand how changes to long-standing provisions in the tax code could be detrimental to the financial viability of these businesses as they transfer to the next generation,” said Senior Executive Director of Government Affairs Danielle Beck...

    Categories: Ag Policy, Farmland and Real Estate, Succession Planning

    4 Upvotes
    2 Shares
    2 Reposts

    Post As

    Viewable By

    My Followers
    • Everyone

      Every person viewing AgFuse.

    • My Followers

      Members who follow me.

    • Group Members

      Select a group I follow.

    Post As

    https://agrilife.org/texasaglaw/2021/08/30/end-of-life-documents/

    Post As

    Viewable By

    My Followers
    • Everyone

      Every person viewing AgFuse.

    • My Followers

      Members who follow me.

    • Group Members

      Select a group I follow.

    Post As

    https://www.agriculture.com/farm-management/estate-planning/farm-couple-with-multiple-heirs-think-several-generations-ahead

    Post As

    Viewable By

    My Followers
    • Everyone

      Every person viewing AgFuse.

    • My Followers

      Members who follow me.

    • Group Members

      Select a group I follow.

    Post As

    https://agfuse.com/article/21st-century-american-ag-sourcing-successors-and-finding-farmland
    1 Upvote

    Post As

    Viewable By

    My Followers
    • Everyone

      Every person viewing AgFuse.

    • My Followers

      Members who follow me.

    • Group Members

      Select a group I follow.

    Post As

    https://news.okstate.edu/articles/agriculture/2021/brus_farm_succession_planning.html

    Post As

    Viewable By

    My Followers
    • Everyone

      Every person viewing AgFuse.

    • My Followers

      Members who follow me.

    • Group Members

      Select a group I follow.

    Post As

    https://www.aces.edu/blog/topics/farming/succession-planning-important-for-farm-operations/

    Post As

    Viewable By

    My Followers
    • Everyone

      Every person viewing AgFuse.

    • My Followers

      Members who follow me.

    • Group Members

      Select a group I follow.

    Post As

    https://www.farmprogress.com/management/position-your-farm-success

    Post As

    Viewable By

    My Followers
    • Everyone

      Every person viewing AgFuse.

    • My Followers

      Members who follow me.

    • Group Members

      Select a group I follow.

    Post As

    https://www.agweek.com/opinion/columns/6621314-The-characteristics-of-a-good-farm-estate-plan

    Post As

    Viewable By

    My Followers
    • Everyone

      Every person viewing AgFuse.

    • My Followers

      Members who follow me.

    • Group Members

      Select a group I follow.

    Post As

    https://www.farmprogress.com/farm-succession/time-value-sweat-equity-farm
    1 Upvote

    Post As

    Viewable By

    My Followers
    • Everyone

      Every person viewing AgFuse.

    • My Followers

      Members who follow me.

    • Group Members

      Select a group I follow.

    Post As

    Posted By Rodney Michael
    Mar 18 

    Touchy subject, but one worth considering..

    https://www.farmprogress.com/management/how-create-farm-endures

    5 Upvotes
    1 Comment
    1 Repost

    Post As

    Viewable By

    My Followers
    • Everyone

      Every person viewing AgFuse.

    • My Followers

      Members who follow me.

    • Group Members

      Select a group I follow.

    Post As

    https://www.agriculture.com/farm-management/estate-planning/how-do-you-set-farm-heirs-up-to-lead-if-they-lack-respect-from-the

    Post As

    Viewable By

    My Followers
    • Everyone

      Every person viewing AgFuse.

    • My Followers

      Members who follow me.

    • Group Members

      Select a group I follow.

    Post As

    https://blog-abm-news.extension.umn.edu/2021/01/transition-thursday-webinars-what-to-do.html

    Post As

    Viewable By

    My Followers
    • Everyone

      Every person viewing AgFuse.

    • My Followers

      Members who follow me.

    • Group Members

      Select a group I follow.

    Post As

    https://www.dtnpf.com/agriculture/web/ag/columns/ask-the-taxman/article/2020/12/31/stepped-basis-important

    Post As

    Viewable By

    My Followers
    • Everyone

      Every person viewing AgFuse.

    • My Followers

      Members who follow me.

    • Group Members

      Select a group I follow.

    Post As

    Posted By Rick Foster
    Jan 1 

    https://twitter.com/AgWebEditor/status/1343932083689971713

    Post As

    Viewable By

    My Followers
    • Everyone

      Every person viewing AgFuse.

    • My Followers

      Members who follow me.

    • Group Members

      Select a group I follow.

    Post As

    Posted By Rick Foster
    Dec 23, 2020 

    https://twitter.com/AgWebEditor/status/1340835636379590656

    Post As

    Viewable By

    My Followers
    • Everyone

      Every person viewing AgFuse.

    • My Followers

      Members who follow me.

    • Group Members

      Select a group I follow.

    Post As

    Posted By Farm Finance and Management
    Dec 12, 2020 

    https://www.agweek.com/opinion/columns/6776033-What-farm-estate-planning-resources-are-available

    Post As

    Viewable By

    My Followers
    • Everyone

      Every person viewing AgFuse.

    • My Followers

      Members who follow me.

    • Group Members

      Select a group I follow.

    Post As

    Posted By Farm Finance and Management
    Nov 30, 2020 

    https://www.agriculture.com/farm-management/estate-planning/so-much-is-said-about-land-distribution-at-death-but-what-about

    Post As

    Viewable By

    My Followers
    • Everyone

      Every person viewing AgFuse.

    • My Followers

      Members who follow me.

    • Group Members

      Select a group I follow.

    Post As

    Posted By Farm Finance and Management
    Nov 25, 2020 

    https://canoladigest.ca/november-2020/how-to-start-the-succession-planning-conversation/
    1 Upvote
    2 Shares

    Post As

    Viewable By

    My Followers
    • Everyone

      Every person viewing AgFuse.

    • My Followers

      Members who follow me.

    • Group Members

      Select a group I follow.

    Post As

    Posted By Farm Finance and Management
    Nov 6, 2020 

    https://www.canr.msu.edu/news/thinking-about-retirement-and-your-legacy-of-the-land

    Post As

    Viewable By

    My Followers
    • Everyone

      Every person viewing AgFuse.

    • My Followers

      Members who follow me.

    • Group Members

      Select a group I follow.

    Post As

    Posted By Future Loans
    Nov 1, 2020 

    https://agfuse.com/article/unsecured-business-loans-defined

    Post As

    Viewable By

    My Followers
    • Everyone

      Every person viewing AgFuse.

    • My Followers

      Members who follow me.

    • Group Members

      Select a group I follow.

    Post As

    Unsecured Business Loans Defined

    By Future Loans

    Published Nov 1, 2020 

    Before you take out a business loan, you need to understand the difference between secured and unsecured loans so you can choose the best option for your business. The biggest difference between secured loans and unsecured loans is that secured loans require you to pledge collateral and unsecured loans don’t. Unsecured loans are provided based purely on a borrower’s ability to repay. So, if the borrower defaults the lender can sue; however, they won’t have liens against any of the borrower’s property, so they can’t foreclose on and seize any property to get their money back. [Read related article: Unsecured business loans definedBecause unsecured loans aren’t attached to any collateral, they are riskier for lenders...

    Categories: Agribusiness, Farmland and Real Estate, Succession Planning

    Post As

    Viewable By

    My Followers
    • Everyone

      Every person viewing AgFuse.

    • My Followers

      Members who follow me.

    • Group Members

      Select a group I follow.

    Post As

    Posted By Farm Finance and Management
    Oct 29, 2020 

    https://www.agriculture.com/farm-management/estate-planning/passing-down-the-farm-strategies-ideas-and-real-life-solutions

    Post As

    Viewable By

    My Followers
    • Everyone

      Every person viewing AgFuse.

    • My Followers

      Members who follow me.

    • Group Members

      Select a group I follow.

    Post As

    Posted By Rick Foster
    Oct 27, 2020 

    https://www.agupdate.com/agriview/markets/dairy/estate-tax-exemption-critical-to-family-farms/article_ed8ef23d-2386-53cf-afec-ed3f36ac23ab.html

    Post As

    Viewable By

    My Followers
    • Everyone

      Every person viewing AgFuse.

    • My Followers

      Members who follow me.

    • Group Members

      Select a group I follow.

    Post As

    Posted By Farm Finance and Management
    Oct 15, 2020 

    https://www.agriculture.com/farm-management/estate-planning/tips-on-designing-a-farm-succession-plan
    1 Upvote

    Post As

    Viewable By

    My Followers
    • Everyone

      Every person viewing AgFuse.

    • My Followers

      Members who follow me.

    • Group Members

      Select a group I follow.

    Post As

    Posted By Farm Finance and Management
    Oct 9, 2020 

    "No one wants to think about it, but sometimes farm succession plans need contingency plans in case things don't work out the way you expected."
    https://www.agweek.com/opinion/columns/6683100-What-happens-if-a-farming-heir-dies-first
    1 Upvote

    Post As

    Viewable By

    My Followers
    • Everyone

      Every person viewing AgFuse.

    • My Followers

      Members who follow me.

    • Group Members

      Select a group I follow.

    Post As

  • Looming Tax Changes Potentially Catastrophic for Farm Families

    By North American Ag

    Published Sep 15 

    WASHINGTON September 14, 2021 - Tax changes would be potentially catastrophic for farm families, and it’s an issue that affects every American. National Cattlemen's Beef Association Senior Executive Director of Government Affairs Danielle Beck talks to Chrissy Wozniak about the developments. Last week NCBA released a letter to House Ways and Means and Senate Finance Committee urging them to consider the implications that changes to federal tax policy will have on family-owned agricultural businesses. Nearly 330 trade associations representing family-owned food, agriculture and related businesses agree that, when drafting legislation to implement President Biden's Build Back Better agenda, it is critical that the “American Families Plan” must also support family farms and ranches. “Congress must consider the complex structure of family-owned agricultural businesses that serve as the backbone of rural economies; therefore, understand how changes to long-standing provisions in the tax code could be detrimental to the financial viability of these businesses as they transfer to the next generation,” said Senior Executive Director of Government Affairs Danielle Beck...

    Categories: Ag Policy, Farmland and Real Estate, Succession Planning

    4 Upvotes
    2 Shares
    2 Reposts

    Post As

    Viewable By

    My Followers
    • Everyone

      Every person viewing AgFuse.

    • My Followers

      Members who follow me.

    • Group Members

      Select a group I follow.

    Post As

    Unsecured Business Loans Defined

    By Future Loans

    Published Nov 1, 2020 

    Before you take out a business loan, you need to understand the difference between secured and unsecured loans so you can choose the best option for your business. The biggest difference between secured loans and unsecured loans is that secured loans require you to pledge collateral and unsecured loans don’t. Unsecured loans are provided based purely on a borrower’s ability to repay. So, if the borrower defaults the lender can sue; however, they won’t have liens against any of the borrower’s property, so they can’t foreclose on and seize any property to get their money back. [Read related article: Unsecured business loans definedBecause unsecured loans aren’t attached to any collateral, they are riskier for lenders...

    Categories: Agribusiness, Farmland and Real Estate, Succession Planning

    Post As

    Viewable By

    My Followers
    • Everyone

      Every person viewing AgFuse.

    • My Followers

      Members who follow me.

    • Group Members

      Select a group I follow.

    Post As

  • No Questions Found
  • No Infographics Found
  • Posted By North American Ag
    Sep 15 

    https://agfuse.com/article/looming-tax-changes-potentially-catastrophic-for-farm-families-1
    4 Upvotes
    2 Shares
    2 Reposts

    Post As

    Viewable By

    My Followers
    • Everyone

      Every person viewing AgFuse.

    • My Followers

      Members who follow me.

    • Group Members

      Select a group I follow.

    Post As

    https://agrilife.org/texasaglaw/2021/08/30/end-of-life-documents/

    Post As

    Viewable By

    My Followers
    • Everyone

      Every person viewing AgFuse.

    • My Followers

      Members who follow me.

    • Group Members

      Select a group I follow.

    Post As

    https://www.agriculture.com/farm-management/estate-planning/farm-couple-with-multiple-heirs-think-several-generations-ahead

    Post As

    Viewable By

    My Followers
    • Everyone

      Every person viewing AgFuse.

    • My Followers

      Members who follow me.

    • Group Members

      Select a group I follow.

    Post As

    https://agfuse.com/article/21st-century-american-ag-sourcing-successors-and-finding-farmland
    1 Upvote

    Post As

    Viewable By

    My Followers
    • Everyone

      Every person viewing AgFuse.

    • My Followers

      Members who follow me.

    • Group Members

      Select a group I follow.

    Post As

    https://news.okstate.edu/articles/agriculture/2021/brus_farm_succession_planning.html

    Post As

    Viewable By

    My Followers
    • Everyone

      Every person viewing AgFuse.

    • My Followers

      Members who follow me.

    • Group Members

      Select a group I follow.

    Post As

    https://www.aces.edu/blog/topics/farming/succession-planning-important-for-farm-operations/

    Post As

    Viewable By

    My Followers
    • Everyone

      Every person viewing AgFuse.

    • My Followers

      Members who follow me.

    • Group Members

      Select a group I follow.

    Post As

    https://www.farmprogress.com/management/position-your-farm-success

    Post As

    Viewable By

    My Followers
    • Everyone

      Every person viewing AgFuse.

    • My Followers

      Members who follow me.

    • Group Members

      Select a group I follow.

    Post As

    https://www.agweek.com/opinion/columns/6621314-The-characteristics-of-a-good-farm-estate-plan

    Post As

    Viewable By

    My Followers
    • Everyone

      Every person viewing AgFuse.

    • My Followers

      Members who follow me.

    • Group Members

      Select a group I follow.

    Post As

    https://www.farmprogress.com/farm-succession/time-value-sweat-equity-farm
    1 Upvote

    Post As

    Viewable By

    My Followers
    • Everyone

      Every person viewing AgFuse.

    • My Followers

      Members who follow me.

    • Group Members

      Select a group I follow.

    Post As

    Posted By Rodney Michael
    Mar 18 

    Touchy subject, but one worth considering..

    https://www.farmprogress.com/management/how-create-farm-endures

    5 Upvotes
    1 Comment
    1 Repost

    Post As

    Viewable By

    My Followers
    • Everyone

      Every person viewing AgFuse.

    • My Followers

      Members who follow me.

    • Group Members

      Select a group I follow.

    Post As

    https://www.agriculture.com/farm-management/estate-planning/how-do-you-set-farm-heirs-up-to-lead-if-they-lack-respect-from-the

    Post As

    Viewable By

    My Followers
    • Everyone

      Every person viewing AgFuse.

    • My Followers

      Members who follow me.

    • Group Members

      Select a group I follow.

    Post As

    https://blog-abm-news.extension.umn.edu/2021/01/transition-thursday-webinars-what-to-do.html

    Post As

    Viewable By

    My Followers
    • Everyone

      Every person viewing AgFuse.

    • My Followers

      Members who follow me.

    • Group Members

      Select a group I follow.

    Post As

    https://www.dtnpf.com/agriculture/web/ag/columns/ask-the-taxman/article/2020/12/31/stepped-basis-important

    Post As

    Viewable By

    My Followers
    • Everyone

      Every person viewing AgFuse.

    • My Followers

      Members who follow me.

    • Group Members

      Select a group I follow.

    Post As

    Posted By Rick Foster
    Jan 1 

    https://twitter.com/AgWebEditor/status/1343932083689971713

    Post As

    Viewable By

    My Followers
    • Everyone

      Every person viewing AgFuse.

    • My Followers

      Members who follow me.

    • Group Members

      Select a group I follow.

    Post As

    Posted By Rick Foster
    Dec 23, 2020 

    https://twitter.com/AgWebEditor/status/1340835636379590656

    Post As

    Viewable By

    My Followers
    • Everyone

      Every person viewing AgFuse.

    • My Followers

      Members who follow me.

    • Group Members

      Select a group I follow.

    Post As

    Posted By Farm Finance and Management
    Dec 12, 2020 

    https://www.agweek.com/opinion/columns/6776033-What-farm-estate-planning-resources-are-available

    Post As

    Viewable By

    My Followers
    • Everyone

      Every person viewing AgFuse.

    • My Followers

      Members who follow me.

    • Group Members

      Select a group I follow.

    Post As

    Posted By Farm Finance and Management
    Nov 30, 2020 

    https://www.agriculture.com/farm-management/estate-planning/so-much-is-said-about-land-distribution-at-death-but-what-about

    Post As

    Viewable By

    My Followers
    • Everyone

      Every person viewing AgFuse.

    • My Followers

      Members who follow me.

    • Group Members

      Select a group I follow.

    Post As

    Posted By Farm Finance and Management
    Nov 25, 2020 

    https://canoladigest.ca/november-2020/how-to-start-the-succession-planning-conversation/
    1 Upvote
    2 Shares

    Post As

    Viewable By

    My Followers
    • Everyone

      Every person viewing AgFuse.

    • My Followers

      Members who follow me.

    • Group Members

      Select a group I follow.

    Post As

    Posted By Farm Finance and Management
    Nov 6, 2020 

    https://www.canr.msu.edu/news/thinking-about-retirement-and-your-legacy-of-the-land

    Post As

    Viewable By

    My Followers
    • Everyone

      Every person viewing AgFuse.

    • My Followers

      Members who follow me.

    • Group Members

      Select a group I follow.

    Post As

    Posted By Future Loans
    Nov 1, 2020 

    https://agfuse.com/article/unsecured-business-loans-defined

    Post As

    Viewable By

    My Followers
    • Everyone

      Every person viewing AgFuse.

    • My Followers

      Members who follow me.

    • Group Members

      Select a group I follow.

    Post As

    Posted By Farm Finance and Management
    Oct 29, 2020 

    https://www.agriculture.com/farm-management/estate-planning/passing-down-the-farm-strategies-ideas-and-real-life-solutions

    Post As

    Viewable By

    My Followers
    • Everyone

      Every person viewing AgFuse.

    • My Followers

      Members who follow me.

    • Group Members

      Select a group I follow.

    Post As

    Posted By Rick Foster
    Oct 27, 2020 

    https://www.agupdate.com/agriview/markets/dairy/estate-tax-exemption-critical-to-family-farms/article_ed8ef23d-2386-53cf-afec-ed3f36ac23ab.html

    Post As

    Viewable By

    My Followers
    • Everyone

      Every person viewing AgFuse.

    • My Followers

      Members who follow me.

    • Group Members

      Select a group I follow.

    Post As

    Posted By Farm Finance and Management
    Oct 15, 2020 

    https://www.agriculture.com/farm-management/estate-planning/tips-on-designing-a-farm-succession-plan
    1 Upvote

    Post As

    Viewable By

    My Followers
    • Everyone

      Every person viewing AgFuse.

    • My Followers

      Members who follow me.

    • Group Members

      Select a group I follow.

    Post As

    Posted By Farm Finance and Management
    Oct 9, 2020 

    "No one wants to think about it, but sometimes farm succession plans need contingency plans in case things don't work out the way you expected."
    https://www.agweek.com/opinion/columns/6683100-What-happens-if-a-farming-heir-dies-first
    1 Upvote

    Post As

    Viewable By

    My Followers
    • Everyone

      Every person viewing AgFuse.

    • My Followers

      Members who follow me.

    • Group Members

      Select a group I follow.

    Post As