Farm Credit East Senior Tax Consultant, Dario Arezzo, explains the benefit of an Intentionally Defective Grantor Trust for estate planning and generational transfer purposes, as well as the tax implications.
Understanding the opportunities and obstacles before beginning a new business is key to success. FarmStart advisor Samantha Stoddard dives into critical questions entrepreneurs should ask themselves before making the leap.
There are many reasons to begin your farm business succession plan, especially as you approach your “golden years.” While difficult decisions may be involved, Farm Business Consultant Jon Jaffe explains that making those decisions is often better than doing nothing at all.