Category: Family Farm

8 Keys to Effective Long-Term Planning

By David Edwards on Sep 11, 2012 in Asset Protection, Cost of Poor Planning, Family Farm, Grandchildren, Kids' Inheritance, Long Term Care Risks, Wills and Trusts

Long-term Care Planning is one of the biggest issues facing aging adults today. With experts projecting that nearly 60% of all individuals will need long-term care at some point in their life, the issue cannot be ignored. And yet, many surveys and statistics are showing that people are doing just that. Without proper planning, the [...]

How to Prevent a Family Feud

By David Edwards on Aug 20, 2012 in Asset Protection, Cost of Poor Planning, Family Farm, Grandchildren, Kids' Inheritance, Parents, Wills and Trusts

Did you catch Hatfields & McCoys on the History Channel recently? I really enjoyed this great mini-series starring Kevin Costner. (Seeing him shooting and riding a horse again made me think of the movie “Dance With Wolves.”) I liked it so much that I bought a book about it on my Nook. The book is [...]

Hey Kids! Don’t Sell the Farm!

By David Edwards on Mar 06, 2012 in Asset Protection, Business or Farm, Family Farm, Kids' Inheritance, Wills and Trusts

Here’s a true story about a family where the kids didn’t follow their dad’s advice…

What can Hollywood teach us about estate and trusts?

By David Edwards on Dec 06, 2011 in Asset Protection, Business or Farm, Churches and Ministries, Family Farm, For Your Business, For Your Kids, Grandchildren, Kids' Inheritance, Non-Profits, Parents, Wills and Trusts

My excitement about estate planning is typically only shared by other attorneys or advisors, but it seems that Hollywood is catching on to how interesting estate planning can really be. The Descendants This new movie, starring George Clooney, tells the story of a long-standing family land trust in Hawaii. It looks really interesting and [...]

Your Bucket List for Estate Planning: Why a Trust Might Be Right for You

By David Edwards on Nov 09, 2010 in Aging Parents, Asset Protection, Business or Farm, Disability, Divorce Risks, Estate Tax, Family Farm, For Your Business, For Your Kids, Grandchildren, Kids' Inheritance, Lawsuits and Creditor Risks, Marriage & Remarriage, Nursing Home, Parents, Tax, Wills and Trusts

A recent movie with Morgan Freeman and Jack Nicholson inspired a lot of people to think about their bucket list – the things they would like to do before they die. While a trip around the world in a sailboat may seem a lot more exciting and glamorous than estate planning, thinking about what you [...]

Keeping the Family Farm in the Family

By David Edwards on Jun 01, 2010 in Business or Farm, Family Farm, For Your Kids, Kids' Inheritance, Parents

[originally appeared in the Prairie Farmer magazine - reprinted with author's permission] “We worked hard to pay for and build up the farm to what it’s worth today. We couldn’t have done it without the help of our son (or daughter). As we do our estate planning, how can we be fair to all of [...]