Q: Should I put my home that sits on agricultural land into a land trust or LLC to protect it?
A:
There are many ways to answer this question, but much more information is needed to best answer it and point you in the right direction. Do you rent a portion of the property to any third parties for farming? Do you have an estate plan in place? I curious as to what led you to ask this question. Generally, I don't recommend putting your own residence in a limited liability company, buy there could exist compelling reasons to do so. I would recommend having a consult from an attorney familiar with estate planning, real estate and business transactions.
Good luck.
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