Farm Business


Death and Taxes is How We Lose It: The Importance of Succession Planning for American Agriculture

Posted on: February 24th, 2022 by Kate Langworthy, ABLS Blog Contributor

The hit TV show “Yellowstone” has achieved popularity with agricultural and non-agricultural audiences alike. Along with dramatized glimpses of ranching life, it also provides nuggets of truth with real world application. In a recent episode, while facilitating the sale of a family farm where one sibling couldn’t afford to buy the other out to retain […]

Choice of Business Entity for Farmers

Posted on: February 24th, 2022 by Michael A. Morris, ABLS Blog Contributor

The choice of business entity for a farm is an important decision that can either protect farm owners and their families from the risks inherent in the farming enterprise or expose them to those risks. Farmers employ various forms of business entity, and the choice varies greatly between types of farms and their sizes. Many […]