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Estate and transition planning often focuses on what happens to the farm or ranch at the death of a key person. However, a good estate and transition plan should also include contingencies for disability. Planning for a disability is not an easy task because the severity and duration of the disability are unknown. Jessica Groskfop, extension educator and agricultural economist with UNL's Center for Agricultural Profitability, offers some key items to have in place to protect you and your operation from disability.
Read more: https://cap.unl.edu/succession/what-happens-your-farm-or-ranch-if-you-become-disabled
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22 ratings
Estate and transition planning often focuses on what happens to the farm or ranch at the death of a key person. However, a good estate and transition plan should also include contingencies for disability. Planning for a disability is not an easy task because the severity and duration of the disability are unknown. Jessica Groskfop, extension educator and agricultural economist with UNL's Center for Agricultural Profitability, offers some key items to have in place to protect you and your operation from disability.
Read more: https://cap.unl.edu/succession/what-happens-your-farm-or-ranch-if-you-become-disabled
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