Farm succession and planning is such a never-ending process that what was said during your first conversation with your spouse or another family member can take place weeks even months before you share what was discussed with your advisers. If you don’t write down what is said, in an order that makes accurate recall possible, [...]
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That’s right, farm succession is not an event, like going to the Dentist’s office – something you probably do only when you have a tooth ache that has beaten out your usual remedies. Farm succession should be more of a life style. It should start early, is adjusted often, and be constantly in focus. Needless [...]
Read More...If there is one reason why farm succession planning should start sooner rather than later it’s because the decisions made early on can have a dramatic impact on everyone involved. One effect is psychic, it makes us all feel better, more assured, and confident when we know as much as possible about what’s in store [...]
Read More...Whether we are planning for the future of a farm or planning our next road trip, to get somewhere we have to know where are right now and where we’re going, before we can determine which way is the best for us to go right now. And we have to get agreement on where things [...]
Read More...Communication is the key ingredient of passing down the farm. That’s why I have focused on it up til now – from a different point of view each time. In a recent article I discussed how, after a presentation to an ag association I had a very interesting encounter with a farmer and later his [...]
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FYI: