Farmers and Ranchers have special concerns in planning for estate taxes. More than any other group, they tend to be “land rich and cash poor.” This means that when transfer taxes are due, there is no cash to pay the taxes. This makes it even more important to prevent the tax through appropriate planning where possible, and to provide for liquidity to pay the taxes where prevention is not possible. Rick and Rich explore the planning options and opportunities for farmers and ranchers, and share the way they have helped their clients save the proverbial farm from confiscatory taxes.
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