Articles & Resources
Structuring a Business Sale – the Pros and Cons
As the current generation of farmers head into retirement, we are more commonly seeing family farms being sold to third parties instead of transferred to the next generation. Aside from determining the purchase price, the most important decision in a sale is how it should be structured. This article will provide a few “big picture” […]
Out With the Old, In With the New – A Look at the Replacement Property Rules
Thinking about selling some of that farmland that is a little too far from home or that just isn’t the right fit for your operation? Have your eyes set on another parcel? If so, you might be able to take advantage of the replacement property rules to defer the capital gain on the parcel you […]
Farmland Transfers to Children Require Advance Planning
The importance of land to a farm, and a farming family, cannot be understated. There is a finite amount of land available and in many circumstances, land remains within a farming family through generations.
Legal separation in Saskatchewan
In Saskatchewan, for family law purposes you do not need to sign anything or take any specific court steps to be legally separated from your spouse. Rather, you decide when you are separated.
Do you know what happens to your Facebook account when you die?
The car. The tractor. The shares in our farming corporation. The investments.
How a team approach can make farm succession planning easier
Just like no farm is exactly the same, it is unlikely that each farm’s succession plan will be the same. Succession planning focuses not only on the current circumstances of the farm, but the future of the farm and the goals of both the current and future generation of farmers.