Leave a Legacy

AgWeb Home > Blogs > Leave a Legacy

Leave a Legacy Kevin Spafford
Plan success, enjoy life! Armed with this philosophy, a background in agriculture, and over 20 years of experience in financial services, Kevin launched Legacy by Design in 2005, specializing in succession planning for agribusiness owners. Preserving the family farm comes down to helping the owner balance objective needs, emotional demands, and social expectations. Kevin works with business owners, guiding them through the implementation of plans which are designed to optimize success for the owner, the family, and the farm.

Tuesday, July 27, 2010

How to Use a Redemption Agreement to Transfer Ownership

How does a redemption provision work?  Here's a simple explanation.

Tuesday, July 20, 2010

Using Life Insurance to Create an Asset for Inactive Children

Read how one owner handled distribution of assets for his two sons, one of whom is not active in the operation.  Do you agree with Jake's decision?

Wednesday, July 14, 2010

Extraordinary Profile on Legacy TV Thursday: Paul Engler

It would be hard to top the agricultural achievements and impact of this one man...

Tuesday, July 13, 2010

A Simple Transfer of Nonbusiness Assets to Inactive Children

What about when one child is active in the operation and the other is not? 

Wednesday, July 07, 2010

Common Issues Regarding the Equal versus Fair Conundrum

Though each family's succession situation is unique, there are a number of factors most owners should consider as they weigh the 'equal versus fair' question.
Tuesday, June 29, 2010

A Case of Unequal Transfer to Active and Inactive Children

'Equal vs. fair'... an age-old conundrum for most farm families.  Resources are available to help you work through this issue.

Wednesday, June 23, 2010

How to Use a 'Split-Off' to Transfer Ownership

As long as a family can define common goals, agree on acceptable outcomes and work to achieve their goals they’ll find a solution to address most pressing objectives.
Tuesday, June 15, 2010

Why a Stock Bonus Offers Financial Advantages

How may a stock bonus program benefit your operation?
Tuesday, June 01, 2010

Don't Gift Control Too Soon

A 'mini case study' sharing one family farm gifting scenario.
Tuesday, May 25, 2010

Lessons from an Agricultural Leader

An innovative Wisconsin dairyman shares some tips about achievement and obstacles.

Wednesday, May 19, 2010

When It's Time to Hang Up Your Spurs

Our 'Ready for Retirement' assessment may help you gauge whether you're ready to pass the baton to the next generation...
Tuesday, May 11, 2010

Step Up as a Leader

Although leadership development is key to continuing success, all too often it's the least concern for farm managers.

Tuesday, May 04, 2010

Take This Business Plan Assessment

If you're going to build a barn, you begin with a plan...

Tuesday, April 27, 2010

The Most Important Document You May Ever Sign

What is the unsung hero of generational transition?
Friday, April 23, 2010

On Legacy TV: Mentors and More

Have you caught the April Episode of Leave a Legacy TV?
© 2010 AgWeb.com - The Homepage of Agriculture
AgWeb.com is a Division of Farm Journal Media, Inc.
Quotes by Barchart.com, Inc. Delayed 10 Minutes