Sponsored by Wright & Moore, Author at Ohio Farm Bureau

What would Grandma and Grandpa have wanted?

These discussions should not begin and end with a developer’s offer. Identifying family goals now gives the family something to plan around.

Transitioning the farm: equitable vs. equal?

Conflict among family members and possible heirs threatens the farm’s survival. Possible solutions depend on the dynamics of your farm and your financial situation.

Gifting now versus waiting for a step-up in basis

A lot of factors and personal goals can go into this decision, which we suggest discussing with your farm succession team.

Recent farm lease lessons and recommendations

In 2022, Ohio passed House Bill 397 to give farmers more security by standardizing farm lease terminations. The law helps, but only a comprehensive written lease ensures your rights when circumstances shift.

Legal deserts and family farms

To ensure that your farm and family receive competent guidance, proactive scheduling will be critical in the early part of 2025.

Rural development (and redevelopment) issues in Ohio in 2024

Two of the major trends playing out in Ohio are energy-related development, as well as reshoring of manufacturing, of which Intel is just the highest-profile example.

Scams and Identity Theft: All tricks and no treats

The use of your personal information by criminals is a scary proposition. Like other areas of risk assessment, take a look at your exposure and determine if protective steps are necessary.

Getting your plan off the ground

Wright and Moore Law offers six steps to jumpstart the succession planning process.

Three key updates for estate taxes

The new IRS rules bring added succession planning flexibility for farmers, who have watched the value and expense of everything increase in the last year.

Cryptocurrency presents unique estate plan problem

While a growing digital wallet can be a healthy addition to your investments, your estate plan should adapt to this new class of asset.