MSU Extension Office: Succession & Transfer Planning
June 21, 2023
This is a series of articles focusing on estate and legacy planning. Authors are Kaleena Miller, Madison-Jefferson County Extension Agent, firstname.lastname@example.org, and Marsha Goetting, MSU Extension Family Economics Specialist, email@example.com.
An important goal for Montana farm/ranch family enterprises is to transfer land and business to the next generation. “The process is challenging because it includes a complex web of economic, legal, and family decisions,” says Marsha Goetting, MSU Extension Family Economics Specialist.
“Some families avoid the process completely...