AgTalk Home
AgTalk Home
Search Forums | Classifieds (153) | Skins | Language
You are logged in as a guest. ( logon | register )

What business structure to put farm in
View previous thread :: View next thread
   Forums List -> Market TalkMessage format
 
pigfarmerj
Posted 2/20/2021 11:39 (#8846611 - in reply to #8845435)
Subject: RE: What business structure to put farm in


nw illinois
I would suggest having an ownership entity and an operating entity. Consult with your accountant and attorneys to tailor structures to meet your goals such as minimizing tax liabilities, protecting generational wealth and minimizing liability. There is no one right way to do it for all. Only you and your advisors can determine what is best for you. Our operation has a corporation, a series LLC, self proprietorships and a few trusts. Each serve their own purpose.
Top of the page Bottom of the page


Jump to forum :
Search this forum
Printer friendly version
E-mail a link to this thread

(Delete all cookies set by this site)