Designed for farm families and their advisors, Working Together follows a farm family in the transfer of their farm. The essential legal, tax and financial ramifications are all addressed, as is the important consideration of human dynamics. Various potential scenarios are outlined including the problems associated with failing to plan for transfer, selling the farm, and reorganizing the business. Included are 15 sample agreements and checklists, such as shareholder agreement and a future planning checklist, to address the potential outcomes. Written under the direction of five experienced farm succession experts, Working Together is a must-have reference for every farm family and advisor.
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