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A farm trust is an essential legal tool designed to safeguard your farmland and ensure it remains in your family for generations.
At Heritage Law, we specialize in helping farm owners across Nebraska and Iowa create irrevocable farm trusts that provide long-term protection from creditors, lawsuits, and other potential risks.
Our experienced farm trust attorneys will guide you through every step, ensuring that your family’s legacy is preserved.
For farm owners, the future of your land is a critical concern.
A farm trust allows you to transfer ownership of your farm into a trust that will protect the land and provide financial security for your heirs.
By establishing a farm trust, you ensure that your farmland remains intact, avoiding the need to sell off portions to cover debts or disputes.
Yes, absolutely!
A farm trust functions similarly to other types of trusts but requires specific legal language tailored to the unique nature of farmland ownership.
Whether you’re establishing the trust during your lifetime or as part of your estate plan, our farm trust attorneys at Heritage Law will work with you to ensure the trust meets your needs and the needs of your family.
A farm trust can shield the land of local farms from problems that beneficiaries might have—such as:
Creating a farm trust requires careful planning, particularly when it comes to distributing the land among heirs. One common issue arises when one heir works the farm and the others do not.
Parents often want to preserve the farm without having to sell portions to equalize the inheritance.
Our experienced farm trust attorneys will help you navigate these challenges and create a plan that is fair for all family members.
The best way to explore whether a farm trust makes sense is for us to have a conversation either in person, by phone, or video conference.
By the end of that conversation, we will know enough to lay out potential strategies and describe exactly how everything would work, what the process is the cost and the process.
We don’t charge for meetings or phone calls, and I’m happy to travel to a potential client’s location to meet in person.
We are here to help you. Please contact Heritage Law and start planning for the future today.
The process usually takes about 2 months from start to finish to establish your plan.
Recently, we helped a couple with a $4 million estate, $2 million of which was their family farm. Their son worked the farm, while their daughter did not.
We created a farm trust that ensured the farm remained intact and protected for future generations. The trust included provisions such as:
This plan saved the family over $60,000 in probate costs and provided peace of mind knowing that their wishes were honored, and the family farm would stay in the family.
A farm trust is an excellent way to secure your family’s farmland and ensure it remains in your family for future generations.
Our experienced farm trust attorneys at Heritage Law provide comprehensive legal guidance, helping you protect your assets, minimize taxes, and ensure your family’s financial security.
Don’t leave your family’s future to chance. Protect your farmland and secure your legacy with a farm trust.
Contact Heritage Law today at 1 402 915 1039 for a free consultation, and let us help you plan for the future of your farm.
With our personalized service and legal expertise, we’ll guide you through every step of the process to ensure your farmland is protected.
We work one on one with you directly to ensure your specialized farm trust is completed from start to finish.
We ensure the future plan we put in place makes the most financial sense for your property and your family long term.
We take our time to explore all available options as we strive for excellence. We work hard so you don't have to.
Do you have a plan in place for what happens to your farmland assets when you pass away? Is there a way for your family to be permanently protected from creditors?
Do the people who will be responsible for taking care of any minor children know their roles and responsibilities during times of crisis?
Have you thought about how will you distribute assets after you pass away?
If not, it’s time to meet with an estate planning attorney. Our attorneys can help put together an estate plan that provides for your loved ones during times of crisis, or something you can bequeath to someone special.
We are estate planning attorneys serving Lincoln Nebraska and we help clients with wills & trusts, probate administration, and more!
For a free consultation please fill out our contact form. We do not charge for consultations and we would love to see how we can protect your estate today!
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Or send us a message and we can help you.
Heritage Law is a comprehensive estate planning practice that is based in Omaha NE and services clients across Nebraska and Iowa.
We will put together a thorough estate plan for you, complete with options that advance the goals you’ve set and keep your wishes in mind. We bring years of experience and knowledge to ensure your estate plan covers every need from start to finish.
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