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Non-Cattle Specific Topics
Every Thing Else Board
Estate Taxes
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<blockquote data-quote="rk" data-source="post: 177192" data-attributes="member: 2993"><p>I know many farmers and ranchers who invested in land, buildings, etc. rather than "traditional" investments like stocks and other financials. These folks grow old and retire without much money, but with the desire to pass on the family operation with all the improvements they've made to it to next generation.</p><p>Becoming involved in production agriculture today usually requires a staggering investment, just to make a decent living. Without the opportunity for young people to pick up where the previous generation "left off" without huge estate tax liability, who's going to feed us in the future???????</p></blockquote><p></p>
[QUOTE="rk, post: 177192, member: 2993"] I know many farmers and ranchers who invested in land, buildings, etc. rather than "traditional" investments like stocks and other financials. These folks grow old and retire without much money, but with the desire to pass on the family operation with all the improvements they've made to it to next generation. Becoming involved in production agriculture today usually requires a staggering investment, just to make a decent living. Without the opportunity for young people to pick up where the previous generation "left off" without huge estate tax liability, who's going to feed us in the future??????? [/QUOTE]
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