PUBLICATION
Securing Your Legacy on the Land, Part 3: Alternate Ownership Structures
What factors should you consider when selecting an ownership structure for your ranch? What questions should you be sure to answer before deciding? What are differences between an LLC, a C Corporation, and an S Corporation? What are the benefits to partnership, cooperative or shared ownership structures, and what are the drawbacks? Why or when would someone choose a less common ownership structure? These questions and more are addressed in this third part of our 5 part succession planning for landowners series with Bank of America family office practice expert Howard Weiss.
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