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Successful farmers recognize the critical importance of their business accountants.
First of all becuase of their insights into virtually everything financial.
Their accountants are not considered solely someone who oversees [...]

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

The mastermind principle, as originally conceived by Napoleon Hill, is about the power of a “third mind” made possible through regular collaboration.
That’s when a small group of co-equal colleagues and contemporaries share experiences and insights that create “Ah ha” moments for each of them.
In a farm mastermind group there are no profesional organizers. There are [...]

Posted in Farm Strategic Planning No Comments »

http://www.passingdownthefarm.com/farm-succession-system If passing down the farm is important to you, if you want to be in 100% control of the process, and if you believe that you are the one who will be held accountable for the results – as defined by the success of your farm’s transition, it’s time for you to take [...]

Posted in Farm Succession Planning No Comments »

Recently I ran into an old client sitting proudly in his new red pickup.
He was from the old days when I was pretty new at helping farmers redesign their businesses for the future.
I had not seen him for years.
He is a little older than me still hanging around the farm, although he has pretty much [...]

Posted in Farm Estate Planning 2 Comments »

Many people think that estate planning begins and ends with the writing of a Will. And even then only about a third of all Americans have Wills in place.
Drafting a Will is an important first step in estate planning, but the process involves much more, such as financial, tax, medical and business planning.
With proper estate [...]

Posted in Estate Planning, Farm Estate Planning No Comments »