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The Unique World of Estate Planning for Farmers & an Update on Iowa Tax Bill for Farmers
Manage episode 395963838 series 3550272
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Goosmann Law Firm Sioux Falls Managing Partner and a Trust Law Counsel Leader Barry Sackett joins Host Jeana Goosmann to discuss the unique world of estate planning for farmers and they also touch on a new tax bill that could impact farmers in Iowa regarding their retirement income.
In this episode they discuss:
- What is Trust Law Counsel
- Options that farmers and ranchers have with their succession plan
- Benefits for 1031 Exchange
- Options for people who inherit land but do not wish to farm
- Recent changes to taxes in Iowa that could impact farmers and their retirement income
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DISCLAIMER: The information in this podcast episode “episode” is provided for general informational purposes only and may not reflect the current law in your jurisdiction. By listening to our episode, you understand that there is no attorney client relationship between you and the Goosmann Law Firm “GLF” attorneys and podcast publisher. No information contained in this episode should be construed as legal advice from GLF or the individual author, hosts, or guests, nor is it intended to be a substitute for legal counsel on any subject matter. Please read our full Podcast Disclaimer.
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