Is an LLC right for your farm

Is an LLC right for your farm? Delta Farm Press Q: Should we establish an LLC for our family farming business? We’ve spent our entire adult lives building a diversified farming and ranching operation. Now in our mid-70s, it’s time to make a plan for passing it to the next generation. Though none of our children are active in the farming business, we’d still like them to share in it equally and maintain the home place without the burden of an estate tax or other costly transfer obligations. More: http://westernfarmpress.com/orchard-crops/llc-right-your-farm?NL=WFP-01&Issue=WFP-01_20160209_WFP-01_292&sfvc4enews=42&cl=article_3_b&utm_rid=CPG02000000650003&utm_campaign=8022&utm_medium=email&elq2=2c4deeca223942f994bfadf5489ef8b4