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Smart Strategies for Passing Down the Family Farm with Justin Schuhmacher (Ep. 11)
What complexities surround inheriting a family farm, and how do family dynamics influence estate planning?
Josh Ackerman hosts Justin Schuhmacher, an attorney at Indiana Estate & Elder Law, for a lively conversation about passing down the farm, a topic rich with parallels to other family businesses. The two explore real-life stories, learning how involving the next generation early can propel businesses forward, why transparency with heirs is crucial, and how strategic planning can prevent future disputes.
Key takeaways include:
Connect with Josh Ackerman:
Connect Justin Schuhmacher:
About Justin Schuhmacher:
Justin Schuhmacher is a dedicated estate and elder law attorney in Indiana, committed to helping families safeguard their assets and plan for the future. Understanding that unforeseen events can disrupt even the best-laid plans, Justin works closely with clients to protect their wealth from risks such as lawsuits, long-term care costs, and financial missteps.
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By Josh AckermanWhat complexities surround inheriting a family farm, and how do family dynamics influence estate planning?
Josh Ackerman hosts Justin Schuhmacher, an attorney at Indiana Estate & Elder Law, for a lively conversation about passing down the farm, a topic rich with parallels to other family businesses. The two explore real-life stories, learning how involving the next generation early can propel businesses forward, why transparency with heirs is crucial, and how strategic planning can prevent future disputes.
Key takeaways include:
Connect with Josh Ackerman:
Connect Justin Schuhmacher:
About Justin Schuhmacher:
Justin Schuhmacher is a dedicated estate and elder law attorney in Indiana, committed to helping families safeguard their assets and plan for the future. Understanding that unforeseen events can disrupt even the best-laid plans, Justin works closely with clients to protect their wealth from risks such as lawsuits, long-term care costs, and financial missteps.