Passing on the Land: Farm and Ranch Estate Planning Options to Benefit You, Your Church, and Your Community

Citation: 
Passing on the Land: Farm and Ranch Estate Planning Options to Benefit You, Your Church, and Your Community. Des Moines, IA: Church Land Project, 199?.
Abstract: 

Consisting in part of three short personal stories, “Passing on the Land” is a booklet about estate planning. It is a resource of ideas and options (with the disclaimer that separate tax and legal advice should be obtained) for joining with the church in the distribution and agricultural use of land for the good of the rural community. The church wants to act as a good steward by joining with farmers in keeping the land individually owned and operated, because such an arrangement benefits the local community by bringing in new families. In addition, gifts of land to the church provide the giver with substantial tax benefits. <p>In the booklet, three persons share their experiences and insights on a decision to donate land to the church. These include a beginning farmer who benefited from a decision to sell to a beginning farmer rather than a corporation, a retiring farmer who shares her reflections on land as legacy, and a current farmer who planned for the future of his children and his community by donating his land to the church years before his retirement. In addition, a question and answer format reveals various options for land gifts to the church. In summary, a church development director shares his experience working with the Church/Land Project.

Related Project: 
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