Taking the Long View of the Farm

January 20, 2009 06:00 PM
Linda Smith, Top Producer Executive Editor
When thinking about succession, it sometimes helps to regard it as transfer of stewardship, Kevin Spafford of Legacy Planning Partners told attendees at the Top Producer Young Farmer Seminar. "We never really own anything. We're all stewards of the business; we just get to control it for a time. The only way it will carry on is if the elder generation prepares the next one for their stewardship phase.”

You can e-mail Linda Smith at lsmith@farmjournal.com.

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