Death is not easy. Sure, a passing that is expected is a little bit easier to swallow than one that suddenly occurs, but either way you can be left heartbroken. When financial stress around a legacy plan adds to the stress during this time, families have been broken apart when they should be holding each other close. If you are adamant that this type of situation doesn’t happen to your family, it is important to go ahead and focus on getting your surrounding family in line with your legacy plan. Read Full Article
As you consider the farm business legacy and transition plan, it can seem rather daunting. There are a lot of details involved. Sometimes it helps to step back and understand the big picture.
Regardless of the particulars of your specific farm business, a basic strategy can usually help you wrap your head around the work that needs to happen regarding the transition plan. Read Full Article