What We Do
Governance
Your dreams and hard work have built a legacy—now it’s time to safeguard it for generations to come. Governance is using the tools of language to turn your vision of your enterprise’s future into a lasting plan through wills, trusts, and legal structures. Having the proper understanding of the law and how it relates to your business will prove extremely valuable when events occur that require the interpretation of your wishes for your successors. These documents aren’t just paperwork; they’re a blueprint for your family’s future, ensuring your values, assets, and traditions are honored. At Agri-Generational, we have decades of working as a team with your attorneys to craft your thoughts and dreams into a clear plan today for a united and thriving family tomorrow.
Conflict Management
Every family faces challenges, and yours is no different. Disagreements happen, but they don’t have to tear you apart. With guided conversations and professional support, tough topics can be approached with respect and fairness. The Science of Conflict management and resolution have specialists that are trained and qualified to help families work through those difficult and expensive human relationships. Unresolved family conflict usually results in less than favorable outcomes that are both hurtful and pricey. Addressing issues now, while everyone’s voice can be heard, strengthens family bonds and prevents heartache down the road. At Agri-Generational, we are not conflict resolution trained, but we know how to spot a situation and have those trusted specialist on our team of experts, because nothing is more important than family unity.
Financial Planning
Your farm or ranch isn’t just a business, it’s an Enterprise and should be treated as any other valuable asset. In some cases it is your largest single holding. With any business, there are inefficiencies that result in massive transfers of wealth away from your family, most of the time, they are unknown and unnecessary. At Agri-Generational, we have over 30 years helping clients find monies and bring them back into your operation for use and control. A solid financial plan includes all of your generations interests to ensure your legacy remains strong and intact. Our advisors are highly trained in the areas of Tax, Retirement, Insurance, Social Security and the complexities of owning a business. Every decision you make today lays the groundwork for a prosperous tomorrow.
Tax Planning
Nobody likes paying taxes, but it is a reality, and it needs to be planned for ahead of time and not after the fact. As a farmer or rancher, you deal in very large numbers, and that includes taxes. There are many areas of your financial life where taxes are occurring and sometimes, they are unknown and unnecessary. With today’s technology and specialist that can forecast your liabilities ahead of time, it makes sense to take a proactive approach rather than reactive. Qualified professionals that specialize in taxation avoidance planning using the tax codes that are given to us by Congress, are a tremendous asset to consider because any dollar that does not have to legally leave our balance sheet, and move to someone else’s, is money that can be used by your enterprise and family.
Estate taxes are at all time high limits and exclusions but are always a part of the discussion in Washington; therefore, we have to stay apprised of changes and continually monitor your plan. At Agri-Generational, we work with teams of professionals that are trained to help your enterprise find and keep the money that could unnecessarily be transferred away.
Liquidity Planning
Cash is King, always has been and always will be. Having access to monies when needed is the lifeblood of any farm or ranch. Access to capital during tough seasons or transitions can mean the difference between thriving and dissolution. Proper liquidity planning prevents the need to sell assets or make difficult decisions under pressure. Today’s farm and ranch families are seeing fewer heirs wanting to stay or return to the enterprise and this has to be considered when designing an estate/succession plan. Liquidity for those non-farming heirs, and access to capital for those that chose to stay on the farm, will be a large part of your succession plan. At Agri-Generational we have decades of experience designing efficient plans for continuation and liquidity when hard times or death occurs. Having available cash can pave the way for a smooth and efficient transition, keeping the family and Enterprise strong for generations to come.
Let’s work together
Agri-Generational will help you plan for the family succession process, avoid common pitfalls, and build a solid plan that helps assure your family’s future.
