Will & Estate Planning
Dr. Tom Deans, Intergenerational wealth transfer expert, shares common myths about will and estate planning and how to overcome them.
Legal agreements are important, but rarely used on the farm. In this episode, we explore why you need them, which ones to consider and why a handshake is not enough.
Litigation can ruin a farm business, and, with incidents on the rise, agricultural lawyers say there are ways farmers can better protect themselves from legal action.
A farm insurance executive and two farm management consultants share their best advice on how to protect your operation in the event of disaster.
Dennis Solonenko was determined to empower his sons and have them ready to run their farming operation.
Problems can arise when farmers re-marry, but there are steps that can help protect the farm business.
As uncomfortable as we are talking about death and divorce, avoiding the conversations can have a devastating financial effect on a farm business.
Not having an updated will in place can cause major complications for your loved ones and even jeopardize the future of your farm.
What are your plans for your farm after you're gone? Whatever the plan, you need a will and an estate plan to achieve it. The sooner you start, the easier the process can
The following fictional case study, created by BDO Canada, illustrates how the absence of a farm transition plan can throw a family into turmoil when the unexpected happens.