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 Trusts
6:50 - Estate Tax Law & Transfer
10:00 - Land Interest & Future Estate Valuation Formula & What Discounting Means
14:20 - Farm Operation Purchase land from a C-Corp & Corporation Entity Structure
15:50 - Tax Responsibilities of Gifting Equipment and Livestock
19:50 - Dissolving/Liquidating a C-Corp - Things To Watch Out For
20:45 - Entity Structure for Farm Family Operations
24:50 - Transferring Assets to an LLC
26:20 - Asset Partitioning and Forced Sale Examples
29:10 - DIfferences between a Contract for Deed and Buy-Sell
For More Information about Greg's Practice: https://lifespanusa.com/
Estate Planning Seminar
with Greg Gentry, Attorney & Counsellor at Law
Do you need an Estate Planning crash course? Is your Estate Plan more than 2 years old?
Get answers on when to prepare, how to prepare and who to trust with the most important asset that you have.
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