Estate Planning is the series of decisions you make about how and when and to whom you will rid yourself of your accumulated property, a/k/a your “stuff,” during life or at death.
The resources and discussions found in this portal are designed to help you put your estate planning decisions down on paper in their proper form to give them legal effect, and to help ensure such assets are protected against needless transfer costs and the claims of those to whom you do not want to transfer your property. This page is also meant to help you enhance your benefit from private legal services, and to revisit written plans when necessary.
Planning the Future of Your Farm
This comprehensive workbook – first published in 2006 and updated in 2018 – contains useful narratives and worksheets to assist with developing your estate planning and business succession documents. Download the workbook.
Keeping Farmland in Farming: A Look at Farm Leases from both Landowner and Producer Perspective
This narrative reviews the farm lease tenure relationship from the landowner’s side and from the farmer’s side, with perspectives each should consider when reaching an agreement for the use of farmland.
Lease Memorandum Template (Multi Parcel) This is a template for a Memorandum of Lease listing multiple parcels owned by a landowner to be farmed by one producer entity, and recorded with the county register of deeds. Under North Carolina law, a lease in excess of three (3) years must be recorded to protect the leasehold on land transferred to a new owner (e.g. sold, gifted or inherited).
North Carolina Estate Procedure Pamphlet
Property Decisions for Estate Planning (AG-688-07)
Estate Plan Documents Explained (AG-688-061)
The Surviving Spouse (AG-688-051)
Your Estate Plan – Where to Begin (AG-688-04)
Where There is a Will, There is a Way (AG-688-02)
How Do You Own Your Property (AG-688-01)
Deciding How to Structure Your Business
Taxation of Estates and Estates after the Tax Cut and Jobs Act – January 2018
In the news
Sep 1, 2022
NCSFMRA Members Tour Shenandoah Valley Agriculture
A field report on this year’s North Carolina Society of Farm Managers and Rural Appraisers summer tour, written by Assistant Extension Professor Andrew Branan.
Feb 28, 2022
North Carolina Farms Grapple with Labor Shortages
Even with a growing dependence on migrant labor, there still is not enough workers to fill farm jobs across North Carolina.
Jul 29, 2022
From Robots to Customers: Exploring New Opportunities for Dairy Farmers
Assistant Professor Alejandro Gutierrez-Li won a $250,000 Sustainable Agriculture Research and Education grant to study Automatic Milking Systems.
Feb 9, 2022
New Grant Will Explore the Economics of Hog, Poultry Manure Recycling Technologies
Working with other NC State researchers on a new environmental grant, Eric Edwards will assess the economic outcomes of manure recycling technologies.