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„ues and “death taxes” on inheritance have made estate planning different today than when he inherited a farm from his father.
“My experience is a bit frustrating because [the land] is appreciating faster than I can give it away” McNear said.
Farm owners are limited to how much they can pass on per year, he said. He created an LLC, which allows him to pass on 50 percent more land each year. He said he will explain that tactic at the workshop.
He said most of the issues that Rappahannock farmers face with estate planning are universal to all farmers, except that property values in the coun
87.5%