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Crafting Your Land’s Legacy: Essential Steps for Estate Planning
If you are a farmer, rancher, or landowner, undoubtedly, you have wondered what this land, your land, will look like in 20, 30, 50, or 100 years from now. Who will own it? How will it be used? Truth is right now, here today, you can pre-determine much of the unknown and shape the future well beyond your lifetime regarding your ranch, farm, and land holdings. Good planning will also save your estate, your heirs, and your successors a lot of tax burden. Yes, succession planning for your ranch, farm, and land assets should be one of your highest priorities