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Source: MORNING AG CLIPS, 12/1/21
The USDA reports that 70% of U.S. farmland will likely change hands during the next two decades. Even more critically, it’s estimated that half of farming families are operating without an estate plan in place. Is your family’s legacy part of these statistics? For many farming families, the first decision is to keep the farm “in the family,” though often with the added issue of farming and non-farming children. What are parents to do? Treat children equally or fairly – and what’s the difference? For more of this story, click here.
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