What Happens to Your Farm or Ranch if You Become Disabled?

Farmer inside of tractor cab
Incorporating the possibility of disability into your estate plan requires professional legal assistance, so it's critical to discuss these issues with your attorney and financial advisor as part of the process. (Center for Ag Profitability photo)

What Happens to Your Farm or Ranch if You Become Disabled?

Estate and transition planning often focuses on what happens to the farm or ranch at the death of a key person. However, a good estate and transition plan should also include contingencies for disability. Planning for a disability is not an easy task because the severity and duration of the disability are unknown.

In this Center for Ag Profitability article, Nebraska Extension Educator Jessica Groskopf shares key items to have in place to protect you and your operation from disability.

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