Getting started is the secret
We understand families don’t like talking about farm succession. Some people believe planning for farm succession means you are ready to “give up farming.” We know this isn’t true, and we know farm succession without a plan is a recipe for family conflict. While there is good understanding of the importance of succession planning, concerns about the viability of their business and the reluctance of younger generations to get involved in farming are contributing to delays.
Early planning is essential in order to avoid costly mistakes when transferring wealth to the next generation. Let us help you explore all the options available to you.