Preserving A Legacy: Estate Planning For Ranchers, Landowners And Farmers
Farmers, ranchers and landowners have unique needs when it comes to estate planning. Founded in 2010, Salem Law is led by attorney Daniel Umlauf. Our firm’s legal team has unique experience working with farmers and landowners in and around the surrounding Winston-Salem communities. We know and understand that when a farm, ranch or land has been in a family for generations, it is important to protect what your ancestors worked so hard to build and maintain.
Ranch And Farm Succession Planning
When preparing an estate plan that involves a family legacy like a family farm, there are a number of factors to consider, including:
- Your goals for your farm or property
- Who will carry on the family’s legacy after you are gone or are unable to continue
- Who needs to be involved in discussions related to the future of your family’s legacy
Don’t let unexpected circumstances derail your family’s legacy. We help legacy ranchers and farmers plan ahead for retirement, the transfer of ownership, divorce, disability and death.
Ranching and farming can be a risky business. Every generation faces different economic challenges. Preserving the family legacy has gotten more and more difficult through the years. There are a number of estate planning tools that we use at Salem Law to protect legacy farms, including:
- Living trusts
- Legacy land trusts
- Family limited partnerships
- Buy-sell agreements
We want to make sure that if you want to pass your farm, farmland or ranch on to the next generation in a will or through a trust, it’s there to do so. Thoughtful and thorough estate and business succession planning can keep the family farm in the family for generations to come.
Attend A Complimentary Workshop Or Schedule A Consultation With A Legacy Planning Lawyer
Our estate planning attorney regularly offers estate planning workshops at no charge to attendees at our Winston-Salem office. Attendees of the workshops are eligible for a complimentary consultation to discuss estate planning or Medicaid benefits. For more information or to schedule an appointment, please call our office at 336-715-1311 or send us an email through our website.