FNC News

Farmland often holds a special place in a family’s story. Even if the next generation didn’t grow up on the farm, many still feel a strong connection to the land—whether it’s the memories made there or the values it represents. For families who’ve held farmland for generations, it’s not just an asset—it’s a legacy. 

Beyond its emotional value, farmland is a powerful financial asset. It offers long-term appreciation, steady leasing income, and tax advantages. It also tends to perform well during inflation and adds stability to a diversified portfolio. These benefits make farmland a key part of any estate and worth careful planning. 

As older generations prepare to pass down their land, ownership is shifting. A recent Iowa State University study found that two-thirds of Iowa farmland is owned by individuals aged 65 and older. Many are non-operators, meaning more land will be inherited by family members not involved in farming, as well as by trusts, LLCs, and institutions. 

Estate planning for farmland is best approached with a team—typically including an attorney, financial advisor, tax expert, and a professional farm manager. Farmers National Company offers resources and guidance to help families make informed decisions and preserve their legacy. 

Take advantage of our expert-led resources by attending one of our upcoming FREE webinars. Our September webinar will focus on tax strategies, and November’s webinar will cover estate planning. Register today at: www.farmersnational.com/events