After decades of hard work, many farmers reach a point where it’s time to retire. But stepping away from farming isn’t as simple as selling the land and equipment. It involves complex tax rules, big financial decisions, and deeply personal questions about your legacy.
At Huebner Financial Planning, we specialize in guiding farm families through this once-in-a-lifetime transition.
Helping Farmers Transition from the Field to Retirement with Confidence
How We Help
Our process is designed to simplify the complex decisions farmers face:
Tax-Smart Land Sale Strategies
Explore options like installment sales, new tax code provisions which spread out capital gains tax, 1031/DST exchanges, and charitable strategies to minimize capital gains.
Equipment Sale Planning
Review tax implications of depreciation recapture when selling machinery and develop ways to reduce or offset the liability.
Retirement Accounts & Pension Plans
Create strategies to defer taxes and smooth income by funding retirement accounts, defined benefit plans, or other tax-advantaged options, rather than buying more equipment.
Retirement Income & Investment Management
Turn farm sale proceeds into a diversified investment strategy that provides sustainable retirement income.
Estate & Legacy Planning
Work with your attorney and CPA to build succession plans, equalize inheritances, and ensure your wishes are honored.