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The Unique World of Estate Planning for Farmers & an Update on Iowa Tax Bill for Farmers

Law Talk with the Flock

English - March 30, 2023 15:00 - 15 minutes - 21.8 MB
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Goosmann Law Firm Sioux Falls Managing Partner and a Trust Law Counsel Leader Barry Sackett joins Host Jeana Goosmann to discuss the unique world of estate planning for farmers and they also touch on a new tax bill that could impact farmers in Iowa regarding their retirement income. 

In this episode they discuss: 

What is Trust Law Counsel Options that farmers and ranchers have with their succession plan Benefits for 1031 Exchange Options for people who inherit land but do not wish to farmRecent changes to taxes in Iowa that could impact farmers and their retirement income 

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