This program is an excerpt from the Wisconsin Solo & Small Firm Conference 2019.
In 2018, nearly 3,000 dairy farms went under—700 of those were Wisconsin farms. For the past three years, Wisconsin has led the nation in farm bankruptcies, losing almost two farms a day. This session will primarily cover the winding down and selling of a family farming operation, covering topics such as:
• Whether to liquidate through bankruptcy or receivership
• The tax implications of sales
• Issues to take into account when drafting sale documents