Will & estate planning
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.
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.
In farm transition, splitting up assets among farming and non-farming children can be complex as fair does not always mean equal.
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.
Since the loss of her husband, Maggie Van Camp has been encouraging others to ensure their farm and personal plans are in order.