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Insights and Stories of Elaine Froese

Features

How to talk about ‘fair family price’ for land, other farm assets

Glacier FarmMedia – Elaine writes: “Fair family price” versus “fair market value price” (or FFP vs. FMV) is often a tense conversation between a farm’s founders, needing to sell assets for their personal income stream, and a buyer, often the cash-strapped successor on the farm. To offer readers some wisdom […]