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Why Farm Equipment Needs to Be Part of Your Estate Plan When most people think about farm estate planning, they immediately think of land. And that makes sense — land is often the most valuable and essential asset a farm owns. But if you stop there… Read More

The Ultimate Guide to Minnesota’s $2 Million Family Farmland Deduction How to Protect Up to $10 Million of Farmland from Minnesota Estate Taxes Are you a Minnesota farmland owner with property worth more than $3 million? If so, the Minnesota Family… Read More

Inside the Farm Succession Crisis: The Harsh Truth for Family Farms Family farms are at a turning point—and for many, the future is uncertain. At Wagner Oehler, Ltd., we work with farm families every day who are trying to navigate one of the most e… Read More

As if farming itself weren’t hard enough, now you have to figure out how you are going to get your farm to the next generation. Knowing the options available to you is an important first step in preparing yourself for this process. Establishing you… Read More

How a Right of First Refusal Protects Family Farmland One of the biggest challenges in farm estate planning is ensuring that farmland stays in the family for future generations. A key tool that can help us accomplish this is a Right of First Refusal… Read More

Estate Tax: Potential Repeal Amid a Looming Tax Hike Right now, every American has an estate tax exemption of $13.99 million. That means you can pass up to $13.99 million worth of assets tax-free either during your lifetime or at death. However, this… Read More

Charitable Remainder Trusts: A Smart Tax Strategy for Retiring Farmers A Charitable Remainder Trust (CRT) is a legal structure that allows you to sell assets tax-free, generate retirement income, and support a charity of your choice. Here’s how it… Read More

Why Are There So Many Trusts in the Plat Book? And What Even Is a Trust? If you’ve ever looked at a plat book, you’ve likely noticed that a lot of land is owned by trusts. But why is that? And what exactly is a trust in the first place? At Wagner… Read More