New book examines farm ownership transition
Neil Harl is an icon in U.S. agricultural law, and his book on "Farm Estate and Business Planning" has guided countless farm families and their advisers.
Neil Harl is an icon in U.S. agricultural law, and his book on “Farm Estate and Business Planning” has guided countless farm families and their advisers.
Now, Harl, a retired Iowa State University professor, has updated the book in a 19th edition. He covers using wills, trusts, insurance and outside investments as estate planning tools, ways to save on estate settlement costs and federal estate tax and suggestions for avoiding arguments and friction in the family.
The 510-page book updates the 26 chapters with recent developments in farm and ranch business planning since the 18th edition was published in 2014.
Harl, who retired after 40 years of service at Iowa State, has a law degree from the University of Iowa and a doctorate in economics from Iowa State. He’s written 29 books, numerous articles in legal and economic journals and bulletins, and more than 1,000 articles in farm and financial publications.