We specialized in helping farm families with the selling of real estate owned and/or operated by a family, siblings, heirs or trustees. Often considered to be an estate passed down by inheritance, the family farm business may be a corporations, limited liability corporations (family farm LLC), or trusts – each of these set up for specific liability, tax or business purposes.
Family Farm land values
We see varied prices per acre on family farms across Indiana and Illinois and as well as a varity of varied opinions, valuations and appraisals on farmland with income producing wind turbines and solar energy systems. Factors affecting these land values include location of the farm, soil quality, drainage along with the number of acres. No two farms are alike, careful valuation must be considered on any family farm.
What’s the best way to sell the farm?
This is a great question and one we get asked often. The method of sale is determined by a variety factors including location of the farm, timing of the sale, estate or trust requirements, financials, and most importantly… what’s best for the family?
We help our clients sell farms through the following methods of sale: