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Seeds of Encouragement: Put intentions and interests into well written words before change inevitably comes
A will or partnership agreement is important, but is not a farm succession plan
Seeds of Encouragement: Transitioning to the next generation may be difficult at times. Here are some tips to help farm founders and their successors with the process
Knowing some of the reasons why people shut down is good start to communication
If emotion is affecting transition — you need to talk
A couple puts an equitable plan in place for their children, only one of whom will continue to farm
Now is the time to check your mindset and consider how you can create certainty for yourself and the next generation
Start by looking at the challenges, creating solutions and beginning the process with a trusted adviser
Passing on an unprofitable farm can raise tax challenges for the next generation
You need to share what’s in your head and heart so have those farm transition discussions
