Estate Planning for Farmers and Ranchers
Serving Clients in Sioux Falls and The Surrounding Area
Farming and ranching are not simply ways to earn a living, they are a way of life. Given that your farm or ranch is likely your most valuable asset as well as the place you call home, you need an estate plan to protect your operation, your way of life, your family and future generations. We understand the unique challenges you face, such as being “land rich but cash poor,” how to treat children fairly when only some of them are actively involved in the operation, unresolved issues between family members, and the problem of finding a successor who is prepared and capable of leading the operation in the future.
The tools and strategies we can put to work on your behalf include:
- Estate planning
- Business formation
- Buy/sell agreements
- Land-use planning
- Employment policies
- Asset protection
- Tax planning
- Retirement planning
- Succession planning
- Long-term care and Medicaid planning
We will work closely with you to determine the planning tools and strategies best-suited to your particular needs and goals. Then, we will design a customized, comprehensive plan to meet every single one them.
Contact us today to schedule a complimentary consultation to discuss your greatest concerns and hopes for the future.