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Succession and Retirement Planning

Three Generations of Farming

Plan for a secure retirement and achieve financial independence. We can help you identify your long-term goals and think through the options for a workable retirement and succession plan whether you are looking to change leadership in a family farm, transition to the next generation or take a smaller role in your operation to spend more time in retirement endeavors.

An American Federal Ag and Business Banker will help you develop a transition plan to maximize the value of your operation and preserve the wealth of your operation while passing on a legacy. We will help you analyze and think strategically, both short- and long-term, about your personal and business goals. As trusted advisors, they will help you consider how to control income, estate taxes and administrative costs and keep your operation profitable in the future when times are prosperous or lean.

This information offers general advice and is not intended to be marketing, legal or tax advice. Consult your attorney, tax accountant or other professional.