| reformedbanker - 4/18/2026 11:46
There is certainly a place for what Boone sells. He is evidently quite good at what he does. For family farms looking to include everyone as a FAMILY farm (meaning growth together for all that want included, which I think is what you are intending), I doubt the solution involves insurance products, annuities, or irrevocable trusts. For the rest, the Boone's of the world got a place.
Looking like all my kids might keep farming... so I'm with you. I know where my capital will go (and stay). There is nothing I enjoy more than farming with them, even if none of us are full time. I could care less about golf. RB, you’re from Illinois if I remember correctly? Your state has a state inheritance tax provision that absolutely requires the use of the above mentioned tools at what is not considered to be a large farm these days. If you don’t use the tools available, the state will take a good chomp outta your hind end.
Edited by Boone & Crockett 4/18/2026 12:58
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opportunity cost or opportunities lost.....
