Transition happens: How to plan and stay ahead

39 min listen

Whether you plan or not, transition happens on every family farm. In this episode, Marty talks to Andrea De Groot, an FCC Business Advisor and Allison Henkell a Tax Partner at BDO about what to consider “pre-transition” and how to determine your farm’s viability to support both generations early in the process.

Learn how to organize your assets, understand your business structure, assess your personal net worth and ask open-ended questions.

Listen to more from the FCC Knowledge Podcast.

Episode resources

FCC Advisory Services – transition planning
Pathway to transition
Transition resources – business essentials

Transition preparation Farm transfer Communication Business planning & structures