01/03/2018 03:20 PM
The start of a New Year is the perfect time to reflect on the past year and firm up your plans for the new one. As you look to 2018, consider developing a farm succession plan if you don’t already have one in place.
If you find the idea totally overwhelming, know that you aren’t alone. In a Farm Journal survey on succession, 80% of farmers said they plan to transfer control of their operation to the next generation, yet fewer than 20% said they are confident they have a good plan in place.