February 2009 Country Counsel by: Robert Moore TRUSTS are not an appropriate estate-planning tool for everyone. However, most farmers can benefit from having a trust-based estate plan. A trust allows for probate avoidance, estate tax reductions and more control of assets after death…Download full article here.
January 2009 Key Points: Bankruptcy may enable a farm to continue despite financial stress The debt of the farm may be reduced to the value of the collateral securing it. Chapter 12 is complex and requires legal advice NO one ever wants to think about the possibility of bankruptcy. However, some farms may inevitably …
Chapter 12 bankruptcies designed for agriculture Read More »
