Ask a producer about their greatest hope for the future of their operation, and most would say to keep the operation together for their family to farm.
Indiana farmer finds a non-family heir for his farm business.
Your farm’s succession plan is a marathon—not a sprint. A well-developed plan requires time, thought, advice and patience.
If you need to unwind and take a break with your farm team, the best approach might just be to grab a pastry.
Define how your farm will survive and thrive beyond your leadership.
Transitioning a business from one generation to another is complicated.
The days following a loved one’s death are emotional and stressful. If you are the executor or trustee for that person, those days are also filled with legal, financial and business responsibilities.
Everybody likes some control of their assets once they die. How much control you’d like to have can help determine if a trust is right for you.
The odds are not in your favor. For your family business to survive and thrive across multiple generations, you must be proactive.
THE HOMEPAGE OF AGRICULTURE
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