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Category: farmers

All in the Family: Estate Planning for Farmers

June 1, 2021Blog, Estate Planning, farmersMaclean Rowe

Many farmers find it difficult to get any interest from their children in continuing to run the farm business – which can cause some complications when developing the best estate plan for farmers looking to retire.

In general, farmers are in an interesting position: they are asset rich due to the increased value of their land but struggle with the increasing costs related to their farming activities.

However, if the farm holds significant value but the children are not interested in working the land, what is a farmer to do?

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Tannis Rowe, BA, CFP, CLU
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info@macleanrowefinancial.com

Latest Posts

  • 1 in 3 Canadians Will Become Disabled Before the Age of 65
  • Get Your Corporate Dollars Doing Double Duty
  • Why you should buy mortgage insurance through your life insurance advisor
  • Having Your Cake and Eating it Too
  • Pay Attention to your Beneficiary

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