Once you have children, there are a few crucial items to consider in succession planning.
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Select a trustee you trust when creating your farm succession plan
A large number of farm succession plans are trust-based due to the need for flexibility and creativity to address a farmer’s succession goals. The trust assets will be managed by a trustee, which makes selecting a trustee a key question…
Holidays and family
At Wright & Moore, we can’t solve every family’s dinner table issues, but we can help facilitate communication between farm family members, both those on the farm and off the farm. Communication does come naturally for us, and farm families are our focus.
Sponsored by Wright & Moore - Oct. 7, 2019Powers of attorney essential for every estate plan
by Ryan Conklin Wright & Moore Law Co. LPA So much of the farm succession planning discussion centers on trusts, wills, LLCs, and other legal tools. While these instruments may garner the most attention in your discussions, there are some…
Succession planning is a family affair
by Kelly Brakefield Moore, Attorney Wright & Moore Law Co. LPA We often hear about farm succession planning and immediately think of will, trusts and business entities. However, farm succession planning also includes a family component that is just as…
Let Your Goals Guide Family Farm Succession Planning
Best practices and expert advice provided by Wright & Moore Do I need a will? What about a trust? Will an LLC help us? These are some common questions when farm families begin succession planning. While these are important topics…