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Don't Let 'Em Fool Ya!
From Legacy Moment eNewsletter (08/20/2010) Please join us for future issues, delivered via email each Friday. Too many professional practitioners equate estate planning for family agribusiness owners with succession planning. Although there is a degree of overlap between the two practice areas, their goals are wholly and completely different. Succession planning is designed to provide a plan for the orderly transition of ownership from one generation to the next at the ...
The Estate Tax, Again...?!?
From Legacy Moment eNewsletter (08/13/2010) Please join us for future issues, delivered via email each Friday. The estate tax is again looming on the horizon, so it’s important to recognize how an estate plan---to mitigate the estate tax---should dovetail into a comprehensive succession plan. Watch Leave a Legacy TV As the law is written, an e...
Spend a Day at Cactus Feeders
Did you miss the recent Cactus Feeders profile on Leave a Legacy TV? View it online now. (Select Episode 7) Our country prides itself on an abundance of extraordinary agricultural leaders. And yet it would be hard to top the achievements and impact of one man...
Wish you had an extra copy of the Legacy Report?
Did you know the entire issue is now available for free download on the new Legacy Project website? - Case Studies - Perspective - Tools & Techniques - Kevin Spafford's 'Leave a Legacy' - Resources Download Now
New Legacy Project Website Launched 08/05/10!
Hot off the press! Have you checked out the new Legacy Project and AgWeb sites? Easier navigation and more reasons to check back every day. On Legacy-by-Design.com, please 'pardon our dust' as we update our links to correspond with the new sites. Thanks!
How an Installment Sale Can Equalize a Farm Transfer
Don owns 100% of D&B, an incorporated cattle feeder. He has two children, Chet and Sandy. Chet is a full-time teacher at the local high school, and Sandy works in the operation (with no ownership). Don wants to make sure that Sandy has every opportunity to own the operation at some point in the future. Though he’d like to retire soon, he needs the income from the business to ensure his financial security. Don’s balance sh...