Choosing a business entity is a key aspect in liability, taxation, capitalization, decision making, agricultural government payments, and transfer options for all farm businesses. When it comes time to transition your farm business to the next generation, whether your farm is set up as a sole proprietor, partnership, corporation, or LLC, how your business is structured will affect many aspects. Deciding on a business entity requires much thought and advice. In this episode, our seventh in our Farm Transition Planning series, Purdue ag economist Brady Brewer and members of the Purdue Farm Transition team Kelly Heckaman and Ed Farris discuss the impact of business structure in farm succession planning and give examples where it’s important to have structures in place that fit for your business. Find the rest of this series at http://purdue.ag/2OYomxd and more information on farm succession planning on the Purdue Institute for Family Business’ YouTube channel.
Navigating Farm Loan Interest Rates
Ag Barometer Insight: March 2024 Survey Results
Ag Barometer Insight: February 2024 Survey Results
Making Your 2024 Crop Insurance Decision
PLC or ARC: Making Your 2024 Farm Bill Program Price Protection Decision
USDA Farm Income Forecast, February 2024 Update
Ag Barometer Insight: January 2024 Survey Results
Farm Agility, Resilience & Strategic Risk
Renewable Diesel Boom & Where Biofuels Are Headed
The Outlook for Corn & Soybeans
Farm Bill Directions & Decisions
Ag Barometer Insight: December 2023 Survey Results
USDA Farm Income Forecast, December Update
Ag Barometer Insight: November 2023 Survey Results
Ag Barometer Insight: October 2023 Survey Results
Ag Barometer Insight: September 2023 Survey Results
USDA Farm Income Forecast, August Update
Ag Barometer Insight: August 2023 Survey Results
Financing Amid Rate Ripples, an Ag Credit Update
(Part 2) Indiana Farmland Cash Rental Rates 2023 Update
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