#AGLEGACY.org #FarmSuccession #EstatePlanning
AG LEGACY Materials can help…
To learn more about AG LEGACY materials and for ideas on where to begin see AGLEGACY.org

#AGLEGACY.org #FarmSuccession #EstatePlanning
DO your legacy plans address all five components of a true legacy: values and life lessons, personal possessions of emotional value, fulfilling final wishes and instructions, ownership of financial assets and real estate, and management succession?
HAVE you considered the end, including the possibility of: A spiritual advisor or counselor, hospice or other care at home, appropriate levels of medical care, or riding off into-the-sunset?
HAVE you drafted your Advance Directives to explicitly describe your wishes for care near the end, including: medical/health care directives, living wills, powers of attorney, wills, or estate plans?
AG LEGACY Materials can help…
To learn more about AG LEGACY materials and for ideas on where to begin see AGLEGACY.org
#AGLEGACY.org #FarmSuccession #EstatePlanning
A will is a document that describes the last wishes of an individual after his or her death, including how property should be distributed and who should manage the estate of the deceased person. A will’s primary functions can be divided into two categories: (1) those directing the distribution of the decedent’s estate and (2) those nominating individuals to represent the decedent and his or her estate.
To learn more about AG LEGACY materials and for ideas on where to begin see AGLEGACY.org
#AGLEGACY.org #FarmSuccession #EstatePlanning
ADDRESSING FAMILY STRESS:
Culture of open communication
Allow sharing of ideas openly
Everyone wants to feel their opinions
are heard and matter
Family meetings
Family business meetings
OTHER COPING SKILLS:
Making decisions democratically
Planning ahead for stressors
Reduce blame
More emphasis on “quality family time”
#AGLEGACY.org #FarmSuccession #EstatePlanning
The law in some states allow a person who has signed a will to use a separate document (Personal Property Memorandum) to direct who will receive certain pieces of tangible personal property after death. Such a list provides a great deal of flexibility without the need to constantly update a will.
To learn more about AG LEGACY materials and for ideas on where to begin see AGLEGACY.org
#AGLEGACY.org #FarmSuccession #EstatePlanning
Many people tend to avoid the discomfort of issues relating to death and dying, including estate planning. Because of this, more than half of Americans lack basic wills.
To learn more about AG LEGACY materials and for ideas on where to begin see AGLEGACY.org