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A Taxing Situation

October 27, 2014

Dramatic increases in land values have made proper estate planning more important in reducing or eliminating unnecessary death taxes and estate settlement costs. Higher land values can also have a significant impact on a business succession plan, especially in the interest of treating all family members equitably in the transition.

It’s essential to create a plan – and review that plan on a regular basis - to prevent the potential for future estate tax or transition problems.

Working with your team of advisers can help you create a plan that addresses the impact of land values and taxes.

Neither the Company nor its agents give tax or legal advice. Consult with your attorney and other professional advisers for tax and legal advice, and to determine the best solution for your specific situation.

1USDA, National Agricultural Statistics Service,
Land Values 2012 Summary,