By: Robert Moore In a recent survey conducted by the Ohio State University Extension Agricultural and Resource Law Program, farmers identified estate planning and succession planning as their biggest legal issue. This concern is likely caused, at least in part, by a lack of understanding of the tools available to assist with estate and succession …
Kelly Brakefield Moore, Attorney You take your car in for scheduled maintenance. You check your smoke alarms once a year. You go to the doctor for your yearly check-up. Do you ever think about checking up on your estate planning documents? Below you will find a few reasons why checking on your estate plan is …
August 2007 Country Council by: Robert Moore MANY farmers face the challenge of designing an estate plan that includes both farming heirs and off-farm heirs. In a perfect scenario, the farmer would simply leave off-farm heirs and all the farm assets to the farming heirs. However, a farmer’s wealth is typically comprised of mostly farm …
July 2007 Country Counsel by: Kimberly Cutler ESTATE planning with farm families is challenging, interesting and always different. It is so easy to say, “Let’s wait until tomorrow.” But you shouldn’t wait to plan your easte…Download full article here.
June 2007 Country Council by: Robert Moore OF all the assets that a farmer might own, land it typically the asset worth the most money and the asset most closely tied to the heritage of the family farm. Therefore, the most challenging aspect of a farmer’s estate plan, business plan and succession plan is often …
