Dr. Tom Deans discusses three common opinions that many farm families have about running a family farm business.
In this episode, Marty talks to lawyer Eric Dalke about the importance of having a will and family communication in farm transition.
Transition planning takes more time than you think – start the process early and keep the lines of communication open.
Diversification, innovative thinking, excellent partnerships and strong family teamwork all help the Regehr family achieve lofty goals.
In this episode, we talk about what to consider in “pre-transition” and determining your farm’s viability to support both generations early in the process.
Learn from a senior partner and transition expert about the value of bringing outside expertise to the planning table.
How formalized succession plans for two family farms and mentoring to lead, grow and prosper resulted in successful transitions.
Learn how to use conflict as an effective risk management tool to gain a deeper understanding of the family’s wishes for the farm.
Transferring land fairly among on-and off-farm children can be tough. Here’s advice and questions to make the process go smoothly.
The last step in the transition is to embrace that it’s an ongoing process and subject to change.