Elaine writes: “Fair family price” versus “fair market value price” (or FFP vs. FMV) is often a tense conversation between a farm’s founders, needing to sell assets for their personal income stream, and a buyer, often the cash-strapped successor on the farm. To offer readers some wisdom on this conversation I asked our coaching teammate […] Read more
How to talk about ‘fair family price’ for land, other assets
Seeds of Encouragement: A family farm transfer likely involves some gifting, given the market values for farmland
