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Paul is now part of the fourth generation in America that is involved in farming and hopes the next generation will be involved also. Through his blog he provides analysis and insight to farmer tax questions.
Dave Specht spoke this afternoon at the AICPA Ag Conference on succession planning and I thought I would share his four "super-heroes" of succession planning.
I am guessing that every farmer who is reading this blog may fall partly or fully into one of these super-heroes. There are certain ways of addressing each of these super-hero types, but that is beyond the scope of this blog post.
Dave has written a couple of books and if you are interested in finding more information regarding this, please click here.
There are several of us around who have followed advisors from TEPAP and have implemented our succession plans as evidenced as your Mr. Reality.
I am proud of our progress.