NEWS
Senior Partners - 8
Elizabeth Williams DTN Special Correspondent
Tue Sep 17, 2013 11:04 AM CDT

AMES, Iowa (DTN) -- Not all farm estates are super-sized. But even if your net worth falls below the $5.25-million-per-person federal estate tax exemption -- or the $4 million that triggers some estate or inheritance state taxes -- smart planning can save thousands of dollars in estate settlement costs.

An estate of $2 million would likely pay $4,000 in court costs to go through probate, in addition to attorney fees, said A. David Bibler, attorney in Algona, Iowa. At current farmland values, you can approach that size owning just one quarter section of good land, a house and some cash ...

Quick View
  • The New Dicamba At an event exhibiting the company's soon-to-arrive Dicamba-tolerant soybean trait, Monsanto repr...
  • Rates Too Low Too Long Discounted interest rates have led to unintended consequences in land values, a shortage of funds...
  • Center Pivots Take a Beating Severe storms in mid-June have damaged hundreds of center pivot irrigation systems in Nebraska al...
  • "Easy Money Times Over" Feeding the world population won't be as hard as expected over the next decade some experts forec...
  • A Hunger for High-Tech The Gruhlkey brothers of Wildorado, Texas, are using technology and thoughtful cropping choices t...
  • Clearing the Air EPA Administrator Gina McCarthy told a group of agribusiness representatives that her agency want...
  • No More Outlaw Vets Veterinarians can start breathing a little easier now when they go to work, without the fear that...
  • Ask the Vet My vet diagnosed anaplaz and I've never heard of that.
Related News Stories
Minding Ag's Business
Senior Partners - 3
Ag Interest Rate Snapshot
Minding Ag's Business
Rates Too Low Too Long
Minding Ag's Business
Minding Ag's Business