Family Farm: 3 Ideas to Make Estate Planning Less Horrible – DTN May 17, 2017

🕔May 17, 2017If you own land, livestock and equipment, the question of how to be fair when transitioning assets to the next generation is one of the most difficult subjects you face. […]

Farm Business: Share Facts, Not Assumptions – DTN Apr 10, 2017

🕔Apr 10, 2017Of the many dangers that exist in the family business, untested assumptions are one of the greatest. In the absence of any real discussion, and because of intimate relationships and […]

Oklahoma: 5 Decades of Farming in Kingfisher County Feb 6, 2017

🕔Feb 6, 2017As hard as it might be to imagine, 75-year-old Ruelle Kinslow’s current Kingfisher County address is the only one he’s ever known. A sturdy, metal-sided barn now occupies the space […]

Farm Business: Sweat Equity – Good Compensation for Returning Family? Jan 16, 2017

🕔Jan 16, 2017The term “sweat equity” is used frequently in discussions of the contributions of an off-farm heir to the value of the family owned business. Sweat equity arises in part when […]

Farm Business: Family Limited Partnership as a Business Structure? Sep 22, 2016

🕔Sep 22, 2016I’ve written about limited partnerships as a business structure previously, but let’s review.  A limited partnership is made up of at least one general partner and one or more limited […]

Farm Debt Growing – Federal Reserve Bank – 10th District May 12, 2016

🕔May 12, 2016First Quarter 2016: Further increases in farm debt pointed to growing concerns about the Tenth District’s agricultural economy. Loan demand continued to rise, repayment rates continued to weaken, and almost […]

Farm Business: Mississippi Family Team Uses Cloud Based Management Software – DTN Apr 22, 2016

🕔Apr 22, 2016As farms grow bigger and more sophisticated, and the playing field gets more competitive, decision-making must become faster and more precise. Applying real-time data to the production and financial arms […]

Family Farm Business: Blind Spots – The Deception of Entitlement – DTN Mar 31, 2016

🕔Mar 31, 2016The novelist Fyodor Dostoyevsky was known for his psychological insights into the human condition in the context of 19th century Russian society, expressed in books such as “Crime and Punishment” […]

Farming: Who Are Your Key Advisers? 5 Individuals to Consider – DTN Mar 21, 2016

🕔Mar 21, 2016When you think about the key advisers to your family business, the people who help you through important decisions and implementation strategies, who comes to mind? Your accountant, attorney, lender, […]

Farm Estate Planning: What 2 Principles Are You Missing? Feb 4, 2016

🕔Feb 4, 2016Estate planning, on the surface, has two primary goals — transferring wealth and minimizing taxes. Both are important to agricultural families, as the high cost of land and equipment can […]

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