Estate Planning

by Kim Lang August 11, 2009

Darren coloradjust (Custom) How'd you like to inherit the farm, only to end up having to sell 55% of it in order to pay the taxes due just nine months after the passing of your loved one?  It could happen if your parents' operation was worth more than a million dollars and they die in 2011 or beyond.  High taxes are the biggest consequence when farmers don't plan for the transition of their estate, according to CEO Darren Frye.  Listen to more of his interview with KRVN's Ken Rahjes.

Aug 11 2009 Estate Planning - Frye.mp3 (3.37 mb)


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