FAQs

Interested in working with Heritage Strategic Wealth?

How can I create a retirement plan that accounts for both my farm and my personal assets?

What are my options for a tax-advantaged retirement plan as a farmer or owner of an agricultural company?

How do I determine the right age to start taking my Social Security benefits to maximize my lifetime income?

What happens to my retirement and Social Security benefits if I decide to sell or transfer my farm?

How can I ensure I have a reliable income stream in retirement if my farm’s profitability is unpredictable?

How should I diversify my investments to account for the inherent risks of farming and agricultural markets?

What is an appropriate investment strategy for an agricultural company with fluctuating annual income?

How do you help us manage our investments in a way that aligns with our long-term goals for the family and the business?

What is your approach to risk management, especially since a large portion of our wealth is already tied up in farm assets?

Can we incorporate farm-related assets, like land or equipment, into our overall investment strategy?

What are the most effective ways to transfer my farm or agricultural business to the next generation?

How can I ensure a fair distribution of my assets to all my children, including those who are not involved in the farming operation?

What are the key legal documents I need to have in place for a comprehensive estate plan for my farm family?

How can we use trusts and other legal structures to protect our farm assets and minimize future tax burdens?

How do we begin a conversation about succession planning and wealth transfer with our family?

What are the best strategies for a farmer or agricultural business owner to minimize their tax liability?

How can a financial advisor help me manage the unique cash flow and income fluctuations common to farming?

What specific tax deductions and credits are available to farmers and agricultural companies that we may be missing?

How do we properly separate our personal and business finances for a more accurate tax and financial picture?

What steps can we take now to prepare for potential changes in tax laws that could impact our farm’s profitability and our family’s wealth?