Succession planning protects the family operation before crisis forces decisions no one is ready to make.

H.R. 1 (commonly called the One Big Beautiful Bill Act – OBBBA) included numerous provisions impacting agricultural operations (some positive, some negative). For today, we will focus on three.

New federal estate and gift tax limits for 2026 are set, making this a good time to revisit your long‑term transition plan.

There were no shortage of legal challenges impacting cattle producers across the country in 2025. Here is a look at several of the biggest cases of the year.

President Donald Trump signed into law a budget reconciliation bill, known as the the One Big Beautiful Bill Act on July 4. In addition to changes to tax policy, border security, immigration, defense, energy production, the debt limit, and adjustments to the Supplemental Nutrition Assistance Program (SNAP) and Medicaid, the bill includes key agricultural provisions typically included in the farm bill. It also increases the estate tax exemption and makes those changes permanent.

Now is the time to start early and take advantage of some strategic opportunities to save on taxes for both you and your family this year.