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Title: Farming Without the Bank | Mary Jo Irmen
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Most farm families plan for the obvious things. Planting. Harvest. Equipment. Land payments, operating loans, commodity prices, weather, the next season.
But one of the biggest threats to the family farm is the one nobody wants to talk about: long-term care.
Nobody wants to imagine needing help with daily care, or think about nursing homes, health decline,...
Almost every farm family says they want to save the family farm. They want the land to stay in the family. They want the next generation to have a shot. They want the work and sacrifice to actually mean something after they’re gone.
Wanting to save the farm and having a plan to save it are two different things.
A farm doesn’t usually disappear because one ...
Most farmers still buy equipment the old way—cash or bank loans—losing years of compound growth. What if the problem isn’t your policy… It’s when the money runs through it?
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