Settling a farm estate is difficult. There are many unique legal, financial, farm management and family wrinkles to iron out. In addition, those expected to handle the time-consuming chores are usually "rookies" in such work and unfamiliar with modern agriculture. What could possibly go wrong?
This 100-page handbook is packed with practical, how-to information, explanations of processes, time-saving resources, tips and checklists. It's a perfect starting point for farm executors, POAs, trustees and heirs wisely seeking information on how to prepare for this important work. The handbook should save time, money and angst.
Readers will learn how to:
- Organize agricultural estate affairs when heirs are unfamiliar with the complexity of modern agriculture;
- Secure the estate’s property;
- Avoid common mistakes while keeping the operation running during estate settlement;
- Capture financial data (financial forensics tips);
- Source farm and livestock management data necessary to keep the operation running;
- Organize an estate inventory;
- Select dependable local experts;
- Estimate land value and use appraisals;
- Discuss land sales strategies.
Prepare today while you can.