Succession Planning

Tyler and Amanda Radke have three goals on the farm: provide peace with a place to heal, experience a family full of love and introduce them to a household strong in faith; a recipe that’s filled with grit and grace.
If you address a letter to Santa, chances are the letter arrives in Santa Claus, Alaska. This is the story of a family who somewhat by accident became associated with Christmas.
This holiday season may you enjoy time with family enough that the gifts gather dust in perpetuity on your very own gifting shelf.
Mentoring doesn’t come natural to all of us. Here are a few tips for evaluating a mentoring request.
American Soybean Association’s World Initiative for Soy in Human Health (WISHH) specializes in building markets in areas that import little-to-no U.S. soybeans, taking growth potential into account.
Certainly, you can attract new employees and hold on to your current staff by raising wages and improving benefit packages, but helping employees feel engaged and appreciated can also take other forms.
“I’ve been thinking about something like this for years, because my employees are part of what has made my business successful,” Kimbrell says.
Like the final captain, the duty of closure rightly falls to the last farmer.
Now is a great time to critique your operation with respect to cross-training.
Producers scale businesses by foregoing handshakes, formally farming together.
Since we all react to crisis differently; it helps to understand employees’ and family members’ perspectives.
Rena Striegel, a consultant with Transition Point Business Advisors, detailed five steps toward strengthening the core of a farm business, speaking at Top Producer Summit in Nashville, Tenn.
While controversy surrounds sporting events and athletes, AgDay host Clinton Griffiths shares his thoughts on finding common ground.
It wasn’t that long ago the best way to travel cross-country was by train.
What are the key elements of an estate plan? Attorney Polly Dobbs outlines some the documents you should get in place now.
What regrets do you currently have in regards to leading and managing the growth of your business?
Newcomer diversified personally as he took over the farm by working as a seed rep, eventually growing seed for companies, selling crop insurance and slowly adding acres along each step.
This session covers the steps necessary to give the next generation the best chance at being successful as they traverse from grunt to CEO and many steps in between.
A successful transition of a farm requires business continuity planning, business succession planning, personal financial planning and estate planning. Learn how to make these pieces fit together for your operation.
What makes a good family farm transition? It is difficult to achieve a good farm transition without at least doing well in each of these C’s.
Estate planning laws aren’t different for farmers versus others; however, there are variances, such as vocabulary, emotional ties to land, operation versus land, own versus rent, personal financial statement and deeds.
Here’s a checklist to use when reviewing your trust and will.
If you have decided to make succession planning a priority, we want to help you follow-through on that decision.
With so many components involved, it makes sense to periodically review your buy-sell agreement.
As you develop your estate plan, consider opportunities for charitable giving.
President Barack Obama is proposing a fundamental change in tax policy that would limit what many Americans can leave to their heirs.
Create a plan to overcome common obstacles
Laws, circumstances and assets change over time. Do your estate planning documents reflect your current goals and wishes?
Transitioning a business from one generation to another is complicated. Add the complexity of being family owned and operated, and you have an entirely different set of challenges.
Estate planning laws aren’t different for farmers versus others; however, there are variances, such as vocabulary, emotional ties to land, operation versus land, own versus rent, personal financial statement and deeds.
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