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Wed Sep 27, 2017, 02:11 PM

Family farms and the estate tax

But as to the actual number of family farms hit by the estate tax, only 20 farms in 2013 paid estate taxes and no farms have been reported sold to pay off an estate tax debt.

Its more accurate to blame lack of financial planning and a lack of interest or ability on the part of future generations to understand what it means to run a business, be it manufacturing or farming, said Slugg.


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