NEWS
Senior Partners - 10
Elizabeth Williams DTN Special Correspondent
Fri Dec 21, 2012 11:28 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 ...

Quick View
  • Betting on Shorter Beans Researchers at the University of Nebraska and Purdue University have pinpointed a gene that produ...
  • Herd Booster In 1935, in an effort to help ranchers hit hard by the Dust Bowl, the U.S. government bought 547 ...
  • Farmers Pivot Back After Storms The majority of center pivots damaged by severe weather earlier this summer in Nebraska are up an...
  • Pick Contingency Plans - 3 As crop prices and insurance coverage swoon, farmers may need to supplement incomes with federal ...
  • Weathering the Drought Parts of the panhandle and western Oklahoma are still considered as being in extreme or exception...
  • AFBF Appeal The American Farm Bureau Federation asked a federal appeals court to reverse a lower court's Sept...
  • Taxlink by Andy Biebl What farmers consider a hedge may be speculation in the eyes of IRS -- and that significantly alt...
  • Woodbury: Family Business Matters Consider whether you want your legacy to be measured by the size of your bank account, your inves...
  • Ask the Vet Some tips on fly control.
Related News Stories
Taxlink by Andy Biebl
Ask the Taxman by Andy Biebl
Ask the Taxman by Andy Biebl
Taxlink by Andy Biebl
IRS Targets "Passive" Landowners
House OKs Business Tax Breaks
Taxlink by Andy Biebl
Ask the Taxman by Andy Biebl
Taxlink by Andy Biebl
Ask the Taxman by Andy Biebl