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Home / Expert Opinion / Keeping Your Balance: Reducing estate taxes for family farms

Keeping Your Balance: Reducing estate taxes for family farms

In my experience working with owners of family farm operations, one of their biggest concerns is transferring ownership in the family business in a tax-efficient manner that will minimize any potential estate and income taxes. With the passage of the Tax Cuts and Jobs Act of 2017 (TCJA), the federal estate tax exemption for an ...