Estate Planning is the process of managing an individual's asset base in one’s lifetime, at death or after death. Estate planning includes the legacy of transferring land and other assets to heirs and the settlement of estate taxes, while attempting to eliminate uncertainties over administration of the assets and to maximize the value of the estate. The sooner farm and ranch families begin the process, the more satisfying the outcomes will be.
Links and information below
What is Estate Planning? - Feb. 26, 2013
https://connect-test.moo.umd.edu/p855alxj7r1/
Major Tax Considerations when Transferring Assets - Feb. 26, 2013
https://connect-test.moo.umd.edu/p6xjp6taxn4/
Estate Planning Tools - March 12, 2013
https://connect-test.moo.umd.edu/p88c55i0l6u/
Succession Planning - March 12, 2013
https://connect-test.moo.umd.edu/p4myegu1jdp/
2014 Estate Planning For Farm Families (Fact Sheet)
Choosing Your Will and Estate Planning Attorney (Fact Sheet 925)
Straight Talk About Farm Transfer: Resources to Help You with the Process
The Farm Transfer: Talking and Planning with Your Family