FWTB Blog - Farming Without the Bank (Page 4)

Seeing is Believing – Caution: Undeniable Proof That You Can Farm Without The Bank is in Here

Death benefit, Farm Family Resources, FWTB Blog, Whole Life Insurance

“It’s a Scam!” “Does it really work?”“She’s hiding something, there has to be a catch.” “If it was so good everyone would be doing it.” “Everyone knows whole life is bad.”This list could go on…If you didn’t say it yourself, you may have heard someone else say it...

Estate Planning Q & A With Estate Attorney [VIDEO]

Circle of Trusted Advisors, Estate Planning, Farm Family Resources, FWTB Blog

Greg Gentry of Randall, Gentry, and Pike joined Mary Jo Irmen to talk about Estate Planning and Entity Structure on the Farming Without The Bank Facebook page. Below are timestamps to help you quickly find the answers you are looking for. 3:22 – Irrevocable...

What Happens When Not All Of The Brothers & Sisters Want To Farm?

Farm Family Resources, FWTB Blog

Are you facing this question? “How do we take care of our children that don’t farm to be sure we are leaving something to everyone, not just the kid taking over?” Don’t worry, it is a very typical question when an estate plan is being created. Most estate planners...

5 Big Differences Between Universal Life and Whole Life Policies

FAQ, FWTB Blog

I heard this opinion today, “Universal life is a whole life policy on steroids.” I hope this blog post brings clarity and points out the differences. It seems I am forever writing about other permanent life insurance products and setting the record...

Did you Know this About John Deere Financial?

FWTB Blog, Uncategorized

The Ag Industry made the Wall Street Journal this week (the third week of July 2017) and it happens to be in the middle of a farm finance squeeze. I shared it on my Farming Without The Bank Facebook with a few of my own opinions and it sparked a great conversation....

Whose responsibility is it to make farm financial decisions?

Circle of Trusted Advisors, Farm Family Resources, FWTB Blog

I’ll start off by saying this article is about an unpopular topic. I knew it wouldn’t be extremely popular, so I have been a bit hesitant to publish it. The topic below is a real problem that I see from farmer’s Facebook posts and more recently in conversations with...