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Passing on the farm.
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Posted 4/4/2021 06:59 (#8932911 - in reply to #8932706)
Subject: RE: Passing on the farm.

Pattonsburg MO, northwest Missouri
I agree with some of that but also have a different idea of what I will do if tax laws allow. I will rent all my land at a very fair rate or crop share with my kids. I plan to help them buy new acquisitions if needed. To expand a family farm you can’t be paying for the same land over and over. I’m 31 with my oldest being 5 so I have a while. Still farm with my dad and we have bought several farms together over the last 10 years. We have been able to buy way more pooling our funds together.
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