University of Maryland Extension

Estate Planning for Farm Families

Lori Lynch, Wesley Musser, Paul Goeringer

All people who own real or personal property should engage in estate planning. Estate planning is particularly essential for those farmers whos real estate property values have increased dramatically because of urbanization. Families who find themselves land rich but cash poor and who fail to minimize their estate tax burdens may be forced to sell land in order to pay estate taxes or to buy out other heirs.

The publication is available here.

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