Using a Contract for Deed to Transfer the Family Farm to the Next Generation If you’ve been thinking about selling your farm to your farming heir on a contract for deed, you’re not alone. We see this strategy used every day by family farmers who…
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Your Probate Records Are Public in Minnesota — And They’re Online Yes, probate records in Minnesota are public and available online. If your estate goes through probate, details about your assets, heirs, and distributions can be accessed by anyon…
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Estate Planning & Probate FAQs for Minnesota Families and Farm Owners This FAQ explains the most common estate planning, probate, and farm succession questions Minnesota families ask. The answers reflect practical, real-world planning considerati…
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Estate Planning Isn’t About a Will — It’s About Responsibility Most people think estate planning starts and ends with a will. Often, it’s a cheap one — a $100 will or a $300–$500 “estate plan” — and the assumption is that a single d…
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Why Minnesota Farmers Still End Up in Probate Even With a Trust One of the most frustrating questions we hear from Minnesota farmers is this: “We had a trust. Why did the farm still end up in probate?” The answer is not necessarily that the trust…
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Why An Incomplete Power of Attorney Can Shut Down a Minnesota Farm Overnight Most Minnesota farmers have a power of attorney in place. The problem? Many of those powers of attorney are incomplete, and families don’t find out until it’s too late.…
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The #1 Estate Planning Mistake That Breaks Minnesota Farm Succession Plans Most Minnesota farmers believe that once they’ve signed a will or trust, their estate plan is finished. Unfortunately, that assumption is exactly why so many farm succession…
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If I Leave Someone My Home, What Do They Really Get? Your home is likely one of the most valuable assets you own, if not the most valuable. Calling it an asset can sound cold. A home is far more than an assortment of materials and possessions. It is…
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Just Like You Need a Medical Checkup, Your Estate Plan Needs a Checkup Creating an estate plan is one of the most important steps any adult can take — but it isn’t a one-and-done project. Just like your annual physical or a regular review with yo…
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How Minnesota Farmers Can Use the Annual Gift Tax Exclusion in 2025 — And Why It Matters As we get ready to step into another year in Minnesota, it’s worth revisiting one of the simplest — and most overlooked — strategies available to farm fa…
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