estate planning checklist for farm families

With a plan in place, you can keep the farm running through the transfer process, which helps ensure operations and know-how pass easily to the next generation.

Part of that is recognizing the advantages an estate planning strategy can provide: When a farm is a major part of your life, you already know that managing it well is important. What can estate planning for farmers accomplish We recommend you read the privacy policies of those sites as they may be different from Thrivent's policy. Insurance, securities, investment advisory and trust and investment management accounts and services offered by Thrivent, the marketing name for Thrivent Financial for Lutherans, or its affiliates are not deposits or obligations of Thrivent Federal Credit Union, are not guaranteed by Thrivent Federal Credit Union or any bank, are not insured by the NCUA, FDIC or any other federal government agency, and involve investment risk, including possible loss of the principal amount invested.Īny data or personal information collected by websites other than Thrivent is not covered by Thrivent's privacy policy. Deposit and lending services are offered by Thrivent Credit Union, the marketing name for Thrivent Federal Credit Union, a member-owned not-for-profit financial cooperative that is federally insured by the National Credit Union Administration and doing business in accordance with the Federal Fair Lending Laws. You are now leaving the Thrivent website.

Estate planning checklist for farm families