Avoid Year-End Operating Loan Pitfalls
November 22, 2024
By planning ahead and reviewing cash flows, producers can avoid complications and position themselves for success in the upcoming year. Review this article for strategies to ensure smooth loan renewals for your business.
Ideas for Estate and Transition Planning: Life Insurance Inheritance Equalization
October 24, 2024
Learn how farmers can use life insurance to divide assets between "on-farm" and "off-farm" heirs, ensuring a fair distribution of assets upon passing of the insured.
Ag Smart Money Week: Free Events Nov. 4-8
October 24, 2024
Unlock financial success at Ag Smart Money Week — join free in-person and virtual sessions tailored for farmers and ranchers to improve financial management, reduce production costs, and handle risks with confidence.
Free Farm and Ag Law Clinics Set for October, November
October 24, 2024
Offered since 1989, these clinics offer guidance to farmers and ranchers on a wide variety of issues pertaining to ag business ownership. Sessions are confidential and conducted in-person, with four dates in October and November.
Ideas for Estate and Transition Planning: Life Insurance Backed Buy-Sell Agreement
October 11, 2024
This article discusses how farm and ranch families can use a life insurance policy to ensure liquidity for on-farm heirs who must buy out siblings' shares upon a parent's death.
Determining a Fair Rent for Farm Buildings
September 27, 2024
Insights on calculating fair rent for farm buildings by evaluating both fixed and variable costs, such as depreciation, property taxes, insurance, and repair expenses, as well as building size, condition, location and risk.
Introduction to Schedule F Workshop Scheduled in Mullen
September 26, 2024
Extension professionals will review basic tax information on filing a Schedule F, used by farmers and ranchers to report income and expenses of the business.
Ideas for Estate and Transition Planning: Life Insurance for Debt Coverage
September 26, 2024
This article highlights the importance of life insurance for farmers and ranchers in estate planning to cover debt, ensuring liabilities are paid off upon death.