Pinion Insights: Posts from category

Next Gen

How the Holidays Can Shape Your Family Legacy

By Jeanne Bernick | November 22, 2022
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Reading Time: 2 minutes
By Jeanne Bernick, Certified Family Business Advisor For many of you the stress of harvest season is over and now you enter a new season in family business: the holidays! As if working with family isn’t challenging enough, now there are mandatory meals and celebrations and traditions to recreate, not …

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The Risks of Letting Your Legacy Ride: How Estate Planning Protects the Family

By Pinion Editorial | November 18, 2022
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Reading Time: 3 minutes
With the holidays upon us, it’s easy to look at the family gathered around the table and feel grateful for many things. While year-end is often a time for reflection and gratitude, it’s also typically a time to wind down and tie up loose strings.   “One of the most important …

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A Case for Multi-Generational Farming: The Result of Planning for Change

By Kala Jenkins | April 20, 2022
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Reading Time: 2 minutes
A multi-generational (six-generation) agriculture business that had been passed down from parents to their three sons engaged a succession planning expert. The three sons were married and had adult, married children, and young grandchildren. The expert started the process by having individual conversations with each family member. Through the course …

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The Changing Dynamics of Land Ownership

By Jeanne Bernick | March 23, 2022
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Reading Time: 2 minutes
Changes in land ownership and the farming workforce are unfolding across U.S. agriculture. Among key drivers, of course, is the aging population of American farmers and ranchers: In the next 15 years, the ownership of 40% of America’s agricultural land will be in transition, mostly due to aging landowners, reports …

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How to Secure and Update an Estate Plan Ahead of Changes

By Jim Rein | May 17, 2021
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Reading Time: 2 minutes
With the buzz around Washington, D.C. about the looming tax changes ahead, estate planning is on top of the list to have the most potential for impacts to individuals and business owners.  “Our phones have seen a definite uptick in activity with questions about considerations and alterations around estate plans, …

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Estate Tax Planning: Possible Changes Ahead

By Jim Rein | February 16, 2021
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Reading Time: 2 minutes
No matter what the presidential outcome, there was never any question that the outlook for estate tax planning would be different in 2021.  How much different was dependent upon who controlled the presidency and the Congress.  With Democrats now in power on both of those fronts, the logical question now …

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Why Today is a Good Day to Jumpstart Your Succession Plan

By K·Coe Editorial | October 30, 2020
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Reading Time: 5 minutes
Agricultural businesses have withstood their fair share of COVID disruption – from family life to the workplace.  While this has forced financial strain, labor disruptions, and tough decisions on producers, it has also ripened some opportunities where you might not expect them. In times like these, most family businesses quickly …

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5 Tips to Move Ag Business Forward During Economic Disruption

By K·Coe Editorial | August 20, 2020
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Reading Time: 3 minutes
While production agriculture is no stranger to facing adversity and adaptation, no one could argue that the disruption caused by the COVID-19 pandemic has required unprecedented response and strategy. As business advisors, K·Coe has been on the front lines of hearing concerns, navigating issues and fielding questions during these unsettling …

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