AgTalk Home
AgTalk Home
Search Forums | Classifieds (84) | Skins | Language
You are logged in as a guest. ( logon | register )

Passing on the farm.
View previous thread :: View next thread
   Forums List -> Market TalkMessage format
Posted 4/5/2021 08:49 (#8934773 - in reply to #8932872)
Subject: RE: Passing on the farm.

mikado - 4/4/2021 06:14

Hick is getting roasted a little on his comments.......but there is a lot of truth to what he said.

I know tax laws and times have changed but that is how farms were successfully transitioned from generation to generation in the past. The older generation wasn’t afraid to turn over an asset and LIVE off of it for retirement.


No matter you or your children's age, let them have ownership wether it's splitting up what you have or them owning all or some of any expansion. Keeping them an employee of yours until they're middle aged is a great way to set them up to fail.
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)