Using LLCs and LLPs to Run and Convey Your Farm Operation – Michael Baron

Michael Baron, formerly of Mandan, North Dakota, has been in the farm estate planning business since 1978. He brings more than 30 years of experience in "Keeping the Family Farm in the Family."

On Wednesday, February 5th at 9:00am Baron shares his knowledge on the topic of how to use LLCs and LLPs to Run and Convey Your Farm Operation and Estate Planning.

Baron is certified by the American College of Bryn Mawr, Pennsylvania in the following areas of expertise:

Fundamentals of Estate Planning

Fundamentals of Investments and Financial Planning

Fundamentals of Income Tax Planning

Financial Planning Process and Environment

Baron is the President/Owner of Great Plains Diversified Services, Inc. in Bismarck, ND. He has no employment contract with any financial, banking, insurance or other institution. He works solely for the clients who employ him. He believes in a personal touch with each and every client, and his philosophy is financial security and stability through the preservation and protection of assets.

"With the recent growth in values, many people are finding themselves with different options as to how they want to run their agri-businesses not only for today but for coming generations. Many are finding that the tried and true wills and trusts of the past are insufficient in helping transfer assets, lowering estate and income taxes, and the continuance of their business. LLPs and LLCs are two tools in the shed that can be used and, like any tools; they have to be used under the right circumstances and with the proper education in how to use them. I'll give a short summary of when, where and why LLPs and LLCs are used to see if this is of any benefit to you," states Baron.