Farming and Ranching Planning
Farming and ranching are not just ways to earn a living, they are a way of life. Many of us at Graft & Walraven come from families that have been involved in farming and ranching for generations. In addition, we have represented farmers and ranchers for over half a century. We understand the unique challenges you face, such as high land costs, different tax treatment, liability exposure, how to treat children fairly when only some of them are actively involved in the operation, and the problem of finding a successor who is capable of and prepared for leading the operation in the future.
Finally, we understand that your farm or ranch is not only one of your most valuable assets, it is also your home and your legacy. This is why it is so important for you to have a plan in place to protect your operation, your family, and the legacy you want to leave for future generations.
The tools and strategies we can put to work on your behalf include:
- Choice of business entity
- Tax planning
- Buy/sell agreements
- Asset protection
- Employment policies
- Retirement planning
- Succession planning
- Long-term care and Medicaid planning
We will work closely with you to determine the strategies and planning tools best-suited to your particular needs and goals. We will then design a customized, comprehensive plan to meet your needs. We invite you to contact us for a personal meeting to discuss the best plan for you and your family.