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Leave a Legacy

RSS By: Kevin Spafford, Legacy Project

Kevin Spafford is Farm Journal’s succession planning expert for the Farm Journal Legacy Project.  He hosts the nationally-televised ‘Leave a Legacy’ TV, facilitates an ongoing series of workshops for farm families across the U.S., and is the author of Legacy by Design: Succession Planning for Agribusiness Owners.

Someone Who Will Care

Jun 05, 2012

 iStock Kneeling Farmer   compressed and flippedFrom Legacy Moment (06/01/2012).
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If you haven’t taken the time to view Baxter Black’s latest installment on "U.S. Farm Report," it’s well worth the investment. In "Of The Land" he hits a very sensitive nerve. Especially as he closes with "the daily care of someone with their hand upon the soil." He’s referring, of course, to the land. He’s also talking about the important job of farming and keeping a people well fed. 

As an American farmer, you have an important job. If you haven’t planned for succession, isn’t it about time?
 
Start with a family meeting, even if informally at first. I’ve listed a few ground rules you may adopt as you gather the family together:
 
1. Create a safe environment, so everyone may participate.
2. Don’t dredge up the past and don’t allow personal attacks.
3. Follow the agenda and adhere to the time frame.
4. Listen to learn, don’t talk to teach.
5. If the discussion gets a bit heated, anyone may call a time-out.
 
News & Resources for You:
 
Your success depends on the quality and quantity of communication with the family.

It’s helpful to map out your discussion topics in advance of your initial family meeting.  
 
Enroll today in a Legacy Project Workshop.  Coming up soon: Fargo, ND (July 10th) and Omaha, NE (July 12th).

 

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