LandCAN

Estate Planning for Farm and Ranch Families Facing Long-Term Health Care

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Quite often an important planning goal for farmers and ranchers is to transfer the farming or ranching operation intact to the next generation. However, the cost of long-term health care is high, especifally for those facing long-term health care. As a result, avoidance of an unnecessary depletion of operating assets as well as sale of the land to pay for long-term health care may become a primary objective for private landowners. 

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