Estate Planning for Farmers in North Carolina
Running a successful farm started with a dream, and you worked hard for many years to keep it strong and productive. But, you cannot run it forever. With proper estate planning, you can help ensure its success through generations. If you decide that breaking up the farm is the best decision for your family, you can assume control over who receives the land, your business assets and other aspects of the operation.
You can pass down your farming operations and land to the beneficiaries of your choice, rather than leaving it up to your family. A good estate plan also reduces or eliminates the estate tax.
At Strauss & Associates, P.A., in Asheville and Hendersonville, North Carolina, we assist with all matters of estate planning for farmers. Whether our clients want to ensure the succession of their farm to the next generation, or they want to sell and distribute their assets, we can help create a tailored plan that meets their needs.
Plan your legacy. Protect your assets. Contact our experienced attorneys now at (828) 258-0994 or (828) 696-1811
Creating a Trust
We explain to our farming clients how trusts and other estate planning tools can work for them. Our firm helps clients take the necessary steps to successfully plan for their future.
Creating an Operating EntityOperating and transferring a farm is often best achieved in a formal business entity, such as a limited liability company. Our business formation page offers additional information.
For more information, or to schedule an appointment with an experienced attorney regarding estate planning for farmers, please contact us. We also welcome calls from financial planners and accountants in need of estate planning for their clients.