Editor's Picks
Tag: succession planning
Just How Bad Can a Farm Transition Go? 4 Lessons Learned May 22, 2023
Ron Rabou spent the first 26 years of his life expecting to return to his 5th generation family ranch in Wyoming. When his father passed and it came time to […]
Do I Need A Trust? Mar 28, 2023
Here’s what farmers should consider with this sometimes complex question Most estate planning starts with a will. The legal document covers what to do with your assets and provides important […]
A Young Farmer’s Advice on Succession Planning Mar 28, 2023
As a young Nebraska farmer, Maggie Holub is in a league of her own. She has a complete, but flexible, succession plan — in writing. Even though she only owns […]
Shay Foulk: The Importance of Community in Rural America Nov 15, 2022
In a normal day I see five people consistently — my wife and daughter, and our farm team. Of course, I see people in passing at the post office, stores, […]
How to Create a Short-Term Operating Plan for Your Farm Nov 11, 2022
You wear many hats and keep many farming balls in the air throughout the year. What happens if you or one of the key decision makers is away from the […]
Farm Family Business: 3 Scars to Avoid Leaving Your Successor – DTN Sep 4, 2021
Most of what we hear or read about passing the family business to the next generation is positive. Farm- or ranchland, financial assets, life lessons and family values are the […]
Ohio: Upcoming “Planning for the Future of Your Farm” Workshops Jan 20, 2021
OSU Extension will host a virtual three part “Planning for the Future of Your Farm” workshop on February 15, 22 and March 1, 2021 from 6:30 to 8:30 p.m. via Zoom. This […]
Farm Business: Pandemic-Proof Your Succession Legacy – DTN Aug 7, 2020
Alan Hojer, a succession planning consultant, was busy before the pandemic, but calls from farmers and ranchers looking to begin or update their plan have accelerated since COVID-19 began circling […]
Succession Planning: Don’t Forget Your Bookkeeper – DTN Jul 1, 2020
Succession planning in the family business often focuses on the operational leader — the person directing outside activities or making decisions about logistics, labor, planting or harvesting. The theory is […]
Indiana: Upcoming Family Farm Succession Planning Workshops Jan 16, 2020
The Purdue Extension Succession Planning Team will offer the workshop “Farming Together: Enhancing Your Worth as a Farm Business Partner” this winter. The two-night program will guide family farm operators on planning […]
