Transition Preparation

The last step in the transition is to embrace that it’s an ongoing process and subject to change.

Learn how to build a team of advisors who can help your reach your transition goals and vision.

A major part of any transition plan is transferring knowledge and continuing to learn and build your skills – wherever you are in the process.

Learn why you need a will, what to include and the differences between a will, estate plan, health directives and power of attorney.

Buying the family farm involves more than just putting money away – think creativity in saving, investment and loan management.

Values, vision and goals are three things that build powerful teams and successful farm transition plans.

If a farmer dies without a will, knowing the nuances of provincial estate law regulations can save survivors money.

It’s never too early to start discussing financial basics and giving your kids opportunities to learn the business side of farming.

Farming opportunities come in many forms. For the Payne and Steele families, the least expected way forward ended up being the very best.

Learn about each piece of a business plan and what to include in each section to set you up for success. Part 2 of 2.