The Agricultural Law Press recently published a new edition of Dr. Neil E. Harl's popular book, Farm Estate and Business Planning. This is the 16th edition and it is now available in print and all forms of eBook.
This 454-page soft cover book is an excellent guide for farmers and ranchers who want to make the most of the state and federal income and estate tax laws to assure the least expensive and most efficient transfer of their estates to their children and heirs. This book contains detailed advice on assuring worry-free retirement years, using wills, trusts, insurance and outside investments as estate planning tools, ways to save on estate settlement costs, and an approach to setting up a plan that will eliminate arguments and friction in the family.
"This edition is rather special," says Harl, "in light of the federal tax legislation passed in December 2010."
Coverage of landmark 2010 federal tax legislation
The book contains extensive coverage of that landmark legislation and updates the 26 chapters with recent developments in farm and ranch estate planning and farm and ranch business planning since the 15th edition was published in 2001. The book is written in easy-to-read language and is designed for use by farm and ranch families.
The book includes discussion of employment taxes, formation and advantages of use of business entities, federal farm payments, state laws on corporate ownership of farm land, federal gift tax law, annuities, installment obligations, charitable deductions, all with an eye to the least expensive and most efficient transfer of the farm to heirs.
Nearly 175,000 copies of the book, which traces its history back to the first edition in 1973, are in circulation.
Nearly 175,000 copies of Harl's book are in circulation
Harl, the Charles F. Curtiss Distinguished Professor in Agriculture and Emeritus Professor of Economics, is retired from the Iowa State University faculty after 40-years service. He holds a law degree from the University of Iowa and a bachelor's degree and Ph.D. in economics from Iowa State University.
He's the author of 29 books and more than 450 publications in legal and economic journals and bulletins as well as more than 1,000 in farm and financial publications. Harl has made more than 3,300 presentations in 43 states and 17 foreign countries and has received more than 30 major awards during his long career at Iowa State.
New book is available in print and in all eBook forms
New for the 16th Edition, the book is available in print and all forms of eBook, including the Kindle, Nook and iPad, downloadable from the Agricultural Law Press web page dedicated to this book at http://alp.omnistorefront.com.
Orders are also accepted by e-mailing [email protected] or by calling +1-360-200-5666. The address of Agricultural Law Press is 127 Young Rd., Kelso, WA 98626.
The Agricultural Law Press, LLC is an entity comprised of Dr. Neil E. Harl and Robert P. Achenbach, Jr. The Press publishes a biweekly newsletter, Agricultural Law Digest, a desk reference book, Agricultural Law Manual by Neil E. Harl, a college-level text, Principles of Agricultural Law, by Roger A. McEowen and Neil E. Harl, and Farm Estate and Business Planning, 16th edition, by Neil E. Harl. For more information visit www.AgriLawPress.com.
For farm management information and analysis, go to ISU's Ag Decision Maker site www.extension.iastate.edu/agdm and ISU Extension farm management specialist Steve Johnson's site www.extension.iastate.edu/polk/farmmanagement.htm.