PUBLICATION SP822D

Farmland Legacy Series: Chapter 4 Business and Organizational Structure

Publish Date: March 25 2021 |  Language: English

DOI: doi.org/10.7290/UTIAPub/SP822D

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Summary

Guidance for farm families on choosing a business structure that supports a successful transfer of ownership, management, and control across generations. Covers common succession arrangements, contracts, liability, taxes, and legal entities such as sole proprietorships, partnerships, corporations, and LLCs, helping families weigh options and work more effectively with professional advisors.