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.
It pays to revisit your transition plan so changes to elements such as capital gains allowance or land values can catch you unawares and affect the plan’s usefulness.
Develop a clear plan and shared understanding about how the farm business is structured before starting the transition process.
FCC Business Advisor, Joel Bokenfohr shares advice and answers transition planning questions for the next generation.
Follow these nine steps to farm transition and find resources to support your success.
For a transition plan to succeed, the details in your will and business plan need to be in sync and work together.
FCC Business Advisor Patti Durand shares advice on how to take charge and empower yourself and others to define roles and bring clarity to the farm transition process.
When a daughter becomes financially savvy in business school, she realizes she has a lot to learn about the farm’s books back home – but they’re being hidden away.
Farming is more than an income game – ensure everyone understands and agrees on how sweat equity is compensated.