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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.

Legacy Workshops Help You Plan Success

Jul 13, 2011

Ames, Iowa 02 2011From Legacy Moment eNewsletter (07/08/2011)
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“Mark is the only farming (active) child in a very successful farming family. He works with his parents, John and Sue, on the family’s dairy operation. At a family gathering, about 18 months prior, his twin sister Janet expressed a sincere interest in joining the family business. At that time, Sovereignty Valley Dairy was just starting the construction phase in a long-anticipated expansion.

"The development was deemed both necessary and possible since Mark’s oldest son Bryce plans to work on the farm following his graduation from college. Mark has three other, inactive siblings…”
 
Does this situation sound even vaguely familiar? Do you have a plan for transition? Are you confident that your intentions will achieve your objectives?
 
If not, plan now to attend a Legacy Project Workshop. Upcoming events are scheduled in Illinois, Ohio, Missouri and Tennessee.
 
In the workshops, we use Mark’s situation as a case study to explore the succession planning process.
 
Columbia MODuring the session you’ll learn:

• The keys to planning success
• Which resources are available to help the family
• What a comprehensive planning process includes
• Who should be included in planning
• How to get started
 
If you have questions or need additional information, please don’t hesitate to contact us. We are dedicated to ‘Cultivating Multigenerational Success in the Agricultural Community.’
 
News & Resources for You
 
To sign up or learn more about Legacy Project Workshops, visit the Legacy Project Events page(Or call 800-482-7203.) 
 
Will a buy-sell agreement be part of your succession solution?
 
How will your family farm evolve? 
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