PUBLICATION

Succession Planning Featured Image Part 4

Staff contact

Hallie Mahowald

Publication Date

September 23, 2020
Topics: ,

Securing Your Legacy on the Land, Part 4: Considerations when transferring your property

How does one begin the task of planning for the transfer of a family business, real estate and farm or ranch? What are some of most important issues one’s tax advisor is likely to bring up or address and how can you begin preparing now for those decisions? What are the most advantageous structures to use to pass on property to heirs at death? What are common mechanisms for passing on property while one is still alive? What are the tax and equity implications of these various strategies?

These questions and more are addressed in this fourth part of our 5 part succession planning for landowners series with Bank of America family office practice expert Howard Weiss. 

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