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Factors to consider in farm succession and estate planning
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Agweek | Agriculture news in North Dakota Minnesota South Dakota Iowa
Farmers and ranchers have a lot to consider as they approach succession planning and estate planning.
Alex Vasichek noted rising interest rates and taxes as factors that make things difficult.
Alex Vasichek, owner and financial advisor of Elevate Financial, spoke with AgweekTV's Emily Beal about putting a team together for estate planning, why fair isn't always equal when it comes to farm estate planning, and advice on when and how to start planning.
Vasichek specializes in helping farm families and ag business owners navigate financial planning, succession and protection strategies with an understanding rooted in his own farming and ranching background.
Since 2012, he has guided clients through retirement, estate planning, and insurance solutions tailored to the realities of rural life.
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