What should an advisor such as an attorney do to help families with the farm transfer process?
An advisor should try to learn the goals of the older person. It is important to help the older person understand how their estate planning actions will affect those who are left behind such as a spouse and children. The advisor should encourage farm operators to make estate plans while they are in good health and not when they are coping with an illness. The farm operator and the advisor should work together to decide how much time is needed to set up a farm transfer plan. Some attorneys ask their clients to get all of the family together for an explanation when the estate plans are ready.
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