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Transition Questions
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ndsu84
Posted 3/1/2019 19:09 (#7352840 - in reply to #7352793)
Subject: RE: Transition Questions


EC North Dakota

I was told to put my depreciating assets in a corporation so I can gift or sell them as we go along.

I haven’t met with the lawyer yet to get his opinion.

They want a LLLP for the land.

Possibly an LLP for my son to operate the farm under and another for other businesses.

I’m interested to hear what responses you get.
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