Do you have a will for your farm business? Have you consulted with your descendants about the contents?
In this fictional case study, not accounting for financial challenges puts a family’s farm transition plan at risk. Their experience highlights the importance of planning for the unexpected, managing cash flow and working together to find solutions.
Is your successor set up for transition success? In this seventh webinar of the series, learn how to share knowledge and help the next generation gain the skills and experience needed to move the farm business forward.
Having a will and life insurance can help safeguard farm families and their operations from the unexpected. Learn the benefits of planning ahead.
In the sixth webinar of the series, learn how to build a written plan, budget and agreements that are consistent and consider all generations' values, vision and goals.
In the fourth of a 9-part series, hear from experts on identifying who should be on your professional advisory team.
Learn from two producers how they overcame transition challenges to work towards better family communication.
Learn about the essential transition conversation tools needed in the face of rising asset values.
In the third webinar of the series, explore if everyone is on the same page in your farm transition. Learn to listen and communicate so that everyone is committed to shared values and goals and building a solid foundation together.
In the fourth webinar of the series, explore why successful farm transition planning is a team effort. Identify who’s on your professional advisory team and what skills and expertise are needed to fill the gaps.