Max Armstrong shares perception on farm switch, which he says has come up throughout a number of on-farm visits. Max shares perception from Tom Halbach, a Wisconsin lawyer, who says a easy option to switch different belongings is to present the belongings. The thought is to think about making a present to kids or others. Max explores the small print, guidelines and limits together with the annual present exclusion quantity.
Associated: Contemplate gifting farm belongings to subsequent era
Max Armstrong’s Farm Progress America is a each day have a look at key points in agriculture. It’s produced and offered by Max Armstrong, veteran farm broadcaster and host of This Week in Agribusiness.
Photograph: Farm Progress