Do You Have a Plan for the Legacy of Your Kansas Farm or Ranch?
Operating a farm or ranch is often a family business where the owners both live and work. It has become more common for these operations to involve multiple related family members. For this reason, there is an exceptionally strong motivation to ensure that not only the land, but the operations themselves are protected, nurtured, and passed down to descendants who want to participate in its continued operation.
This is what makes farm and ranch planning such a unique area of the law, one that takes expert estate planning knowledge from an experienced Kansas attorney. Tim J. Larson has been doing planning for farm families for more than 35 years. He has clients all across Kansas, from the Colorado border to Missouri. The other attorneys in the office have learned from Tim and also are experienced in this special area of the law.
Our experienced team of attorneys can help you build a plan to fit your needs when passing on your farm or ranch to the next generation and beyond. Tim Larson serves on the Gift Planning Advisory Council for the Kansas State University Foundation in Manhattan, Kansas.
Take the first step of understanding farm and ranch planning by downloading our FREE Farm and Ranch Succession Planning Checklist. In our checklist, we will explain:
- The vital steps to succession planning
- The questions unique to farm or ranch planning
- The value of establishing an LLC and other business operation agreements
- The estate planning documents to consider for your farm or ranch
- How Larson & Brown, PA can help protect your farm or ranch legacy for the next generation