A plan fuelled by vision and passion creates an exciting venture for a farming family. But it’s not all sunshine and rainbows. What can they do to keep their dream alive?
Sometimes, farm transition seems so far off that planning is postponed. But this can lead to unique challenges for both the senior and junior partners.
Regardless of how you earn income from your farm corporation, there are strategies to reduce taxes and increase flexibility for personal spending.
Learn how to share knowledge and help the next generation gain the skills and experience needed to move the farm business forward.
Refusal to talk about the will and future begins to divide a family – and it only gets worse when dementia enters the equation. Will there be a way to resolve the resulting issues?
Transition planning can be complex in many ways, but even more so when it involves dependents with disabilities.
Learn how to build a written plan that’s consistent, considerate of all generations, and your farm’s values, vision and goals.
A will is an important part of protecting your family’s future and the future of your operation. Learn the components of a will, how to choose an executor (or liquidator), and what information you should prepare for your professional advisors.
Four ways farmers in transition planning can manage rising interest rates and inflation.
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.