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Eastern Half of Kansas | I think you want to go down road fair isn’t always equal. I’m going to outline something but I fail to see difference.
Dad, 4 kids, one farming three aren’t.
Dad owns $4,000,000 in land value. He doesn’t have cash assets so he splits $1,000,000 in ground each between his heirs.
Dad owns Green Farms Inc or LLC 100%, has $4,000,000 in land value in corp, no other assets for some reason in corp, and $1,000 in personal checking account. Heirs would be distributed $1,000,000 in land value each. | |
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How to wrap my head around generational transitions/equity?
