LIVESTOCK NEWS
Senior Partners - 10
Mon Dec 24, 2012 08:43 AM CST

CHICAGO (DTN) -- For farm families looking to pass the farm to the next generation, it's turning into a "best of times/worst of times" Dickensian scenario.

It's the best of times because operating profits and higher asset values are attracting the next generation back to the farm. It's the worst of times because higher asset values and the struggling general economy may encourage off-farm heirs to cash out their land. Also, a surging government deficit may put farm assets in the estate-tax crosshairs -- both making it difficult to keep the farm intact.

Maintaining family harmony is the kicker that ...

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