Covering long-term care costs

When farmers consider their estate plans or succession plans, the top priority is almost always to keep the farm in the family. One of the most common concerns of farmers in achieving these goals is nursing home costs. No one wants to see their arm assets, particularly the land, be sold to pay for nursing home or long-term care costs. While there are no easy solutions to overcome this issue, it is important to know what options are available.

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