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Successful farmers make sure they insure their business properly. They know how important it is, often from their own experience – or from that of a neighbor.
It is very, [...]

Posted in Farm Estate Planning, Farming Successfully, Management Succession No Comments »

Most farmers are of the opinion that one or more of their kids will succeed them owning and managing their farm. But what it it turns out that none of them are interested in running the place?
You have two options.
#1, you can keep working forever (ok you may be able to find someone [...]

Posted in Family Business Succession, Farm Estate Planning, Farm Succession Planning No Comments »

A bypass trust in estate planning is a document that allows married couples two tax exemptions on the estate.
Find out what a bypass trust is from an estate planning and probate lawyer in this free video on estate law.
Expert: Brad Wiewel
Duration : 0:2:6

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Posted in Estate Planning, Farm Estate Planning 1 Comment »

Unless you’ve been living in a cave for the last few years, you know that business coaches are everywhere.
If you think a small business coach can help you and your family, how would you choose the right one for you?
All things being equal you’d probably choose a person you like, someone you resonate with and [...]

Posted in Farm Estate Planning, Farm Succession Planning, Farm Transition, Farming Successfully, Strategic Planning for Business No Comments »

At the Top Producer Young Farmers Program, Kevin Spafford, Farm Journal succession planning expert, a breakout session entitled How to Talk to Dad with Ben Hudye, of Hudye Farms.
Listen to this segment: With clear objectives the result is success.
Duration : 0:1:26

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Posted in Farm Estate Planning, Farm Succession Planning, Farm Transition No Comments »