iGrow.org What has been done? Aberdeen (2) Watertown Flandreau Huron Milbank Redfield Brookings (2) Sioux Falls (2) Parker Mitchell (2) Yankton Chamberlain Mobridge Elk Point Pierre Onida Winner Philip Lemmon Rapid City 337 Families-2008 to 2013 Individual Producers Network of Experts
iGrow.org Network of Experts Attorneys Estate Planners Tax Advisors Retirement Fund Managers Life Insurance Agents Long Term Care Agents SD Dept of Social Services SD Dept of Agriculture Funeral Home Directors
iGrow.org NumberPercentage YES4049% NO4555% When I attended the Estate Planning/Farm Transitions Conference I had an Estate Plan in place. NumberPercentage YES6981% NO1619% I have made changes to my Farm Transition Plan since attending. NumberPercentage YES5679% NO1521% I have made changes to my Estate Plan since attending.
iGrow.org NumberPercentage Updating Will(s)4551% Changed Life Insurance Policy 1215% Created a Trust3948% Transferred Personal Property 1518% Sold Assets to Heirs56% Gifted Assets1215% Added Retirement Account 810% Communication with Heirs 4251% Funeral Planning911% These changes included: (check as many as needed)
iGrow.org NumberPercentage Less than 25% 1620% 25-49%1518% 50-74%1923% 75-99%2024% 100%1215% Eighty percent of the participants considered themselves 25% or more completed with their estate plans and 39% considered themselves 75% or more completed with their plans. Keep in mind these results include participants from 2008, 2009, 2010, 2011 and 2012. The 2012 group of participants have only been out of the conferences for two months. *Percentages will not equal 100 due to rounding. At this time we consider our Estate Plan ___% finished.
iGrow.org NumberPercentage Less than 25% 1926% 25-49%1622% 50-74%1318% 75-99%1318% 100%1216% Of the participants that have an heir coming back to the operation, 74% consider their transition plan 25% or more completed, and 34% consider it 75% or more completed. Keep in mind these results include participants from 2008, 2009, 2010, 2011 and 2012. The 2012 group of participants have only been out of the conferences for two months. *Percentages will not equal 100 due to rounding. At this time we consider our Farm Transition Plan ___% finished.
Your consent to our cookies if you continue to use this website.