Tag: estate taxes

When farm owner dies, new estate law should help families keep it in business

by | June 1, 2012 | , | 0 |

Farmers who want to keep the family farm in the family and in business when the owner dies hope that a law signed last week will do just that for agricultural homesteads in Maryland.

The Family Farm Preservation Act signed by Gov. Martin O’Malley aims to protect the future of the family farming by substantially reducing death taxes on many smaller operations.

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