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Cedar Rapids, Iowa Attorney practicing in Iowa primarily in Personal Injury, Employment Law, Family Law, Civil Litigation and Appeals, Personal Injury and Agricultural Law. Lawyers at the Day Rettig Peiffer, P. C. are dedicated to serve their clients in Iowa, including the cities of Des Moines, Fort Dodge, Ames, Cedar Rapids, Iowa City, Davenport, Dubuque, Waterloo, Adel, Marshalltown, Pella, Decorah, Eldora, Johnston, Ankeny, Muscatine, Ottumwa, Manchester, Elkader and Burlington , and the communities that make Polk, Webster, Story, Linn, Johnson, Scott, Dubuque, Black Hawk, Dallas, Marshall, Marion, Winneshiek, Muscatine, Wapello, Delaware, Clayton, Hardin and Des Moines counties. |
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| Question: |
| How can I pass my farm on to my children? |
| Answer: |
The first and most important step is devising a will. Liquidating your goods and distributing them is not as complex as passing on your farming operation intact. You should strive to resolve as many practical issues as possible during the estate planning process; which siblings will stay on the farm, distribution of work, ownership and profit, and any other questions which could cause conflict during the probate process. The process may be simpler if you have incorporated your farm, and ownership of the corporation can be transferred. The importance and complexity of this issue means that you should consult a lawyer with experience in agricultural estates.
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| Copyright © MMVIII JAKOBIE |
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DISCLAIMER: The information you obtain at our firm web site is not, nor is it intended to be, legal advice. It is recommended that you should consult an attorney for individual advice regarding your own situation.
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If you would like to schedule a initial consultation contact an Iowa agricultural law attorney representing clients in Davenport, Iowa at the Day Rettig Peiffer, P. C.. Give us a call at (866) 472-3270 or email us at info@drpjlaw.com.
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