Home Our Business Our Team Our Approach Our Values Our Services Individual Enterprise Estates and Trusts Privately Held Companies Family Enterprise Farming or Fishing Businesses Services to Advisors Resources Matters of Interest Connections Contact

Farming or Fishing Businesses

Our extensive experience working with clients in the farming and fishing industry allows us to find practical solutions to the unique challenges and many tax opportunities in the following areas:

• Tax Minimization for Farmers and Fishermen
• Retirement Planning for Farmers and Fishermen
• Purchase or Sale of a Farming or Fishing Business
• Estate Planning for Farmers and Fishermen
• Succession Planning for Farmers and Fishermen

Estate Planning for Farmers and Fishermen

Often the appreciation in value of real estate in the case of farming clients or quotas and licenses in the case of fishing clients can create significant income tax exposure on the death of the owner. At the same time, tax minimization on the transition of farming or fishing assets from one generation to the next is of critical importance in order to ensure assets are preserved within the business and cash flows to family members are maximized. Our specialized knowledge in the areas of estate planning as well as the unique tax opportunities that are available within the farming and fishing industries allow us to effectively assist in the planning for the transition of assets.