Posted 3/2/2019 21:22 (#7355121 - in reply to #7352793) Subject: RE: Transition Questions
I'd be looking at a trust. That's way too complicated for a family farm. The corp is going to have it's own paperwork as well as each LLC. You better have a good accountant because tax time will be a real treat. Also, each company, corp and LLC, will have to have it's own set of books. I realize each state is a little different but that sounds like a paperwork nightmare to me. I have an accountant and an attorney that I trust and I work with them together because in their differences they usually strike a good balance.