Federal Estate Tax and Gift Tax Limits Announced For 2024
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Successful planning for the future generation to take over the farm or planning for the farm's continued success after your death is an important part of your farm. You want to make sure that the next generation has the skills necessary to continue on the farming operation, the farming operation passes easily to them, you maintain retirement income, and your final wishes are taken care of upon your death. We realize this is not a topic many of you want to deal with, but it is an important one. Check out the resources associated with this programmatic area.
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