Making a living in agriculture has never been more challenging. Profit margins have never been thinner. Many members of the younger generation do not wish to farm. Most farmers own multiple properties. And another key concern is ensuring you are getting specialized tax advice.
[IA/IC name] has a deep and hands-on understanding of the farming business from [add specifics of farm experience here].
We can help you to reap the rewards of your hard work and risk tolerance, retire comfortably, and transfer your farm tax-effectively.
Before advising you and designing strategies that help you preserve and grow your wealth, we will get to know you, your family and your business. We will take the time to discover your needs, goals, financial situation, time horizon, fears, and liabilities. Then our team can help you to structure a business and investment plan based on important details such as the size of your operation and your livestock count, estimated production, quotas and growth objectives.
Our team will prepare a complete, customized financial roadmap uniquely designed for your family and farm. We will revisit this Wealth Plan and provide updated solutions to help you address major life events.
We will consult with other BMO specialists as needed:
Your Wealth Plan can include:
Follow the latest insights on issues affecting agricultural businesses at https://commercial.bmo.com/en/industry-expertise/agriculture