If you are a farmer or rancher, you know being in the business of agriculture brings its own issues and problems that are different from those of your average person or business. Add to that the fact that your farm or ranch business may have been passed down for generations and likely still includes family, and your planning becomes even more important. Our attorneys are familiar with the unique challenges agriculture businesses face.
Farmers and ranchers deal with uncertainty all the time. Weather, crop prices, livestock markets, government programs—it all adds up. But what about those bigger issues? What happens to the farm after mom and dad are gone? How can we make sure the child that stayed to help on the ranch can continue operating after we are gone? Is there a way we can get the farm land to the kids equally and still make sure those farming can use it for as long as they want without worrying about another child wanting to sell? Is it possible to protect the farm and ranch from potential creditors, or creditors of my children? If we have to go to the nursing home, will we have to sell it all and leave nothing for the kids?
Whether you are looking to reduce liability risk, create a business succession plan, minimize taxes, create a fair distribution plan for your estate, or all of the above, our attorneys have strategies to meet your needs.
Over the years, we’ve helped hundreds of farmers and ranchers create estate and business plans that address those big issues and provide peace of mind. In addition, most of our attorneys were raised on and around farms or ranches and some even continue to work in the farming and ranching business today. Having lived the farming and ranching life ourselves, we understand what you face and have the knowledge to address your concerns. We understand how to work with the USDA-Farm Service Agency, crop insurance, farm credit or other lenders that work specifically with agriculture, how to address landlord and tenant relationships, and many other issues specific to agribusiness.
Everyone’s business and estate is unique. Let Graber & Johnson Law Group, LLC help guide you through options to address your specific issues and help you not only protect and manage your business now, but transfer your farm or ranch to the next generation the best way possible.
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Norton KS 67654