Succession Planning
Rena Striegel’s workshop at the upcoming Top Producer Summit will leave attendees with four main takeaways.
After almost 19 years and about 1,500 commentaries, John Phipps announced he’s retiring from U.S. Farm Report. In his final regular Customer Support segment, he calls it an adventure that’s been a gift from viewers.
According to Shuring, what may be considered equal doesn’t always make sense when the succession plan involves family members who actively work on the farm, and others who do not.
Farmers have struggled with the same business and family problem essentially forever: what happens to the farm when parents die. The conflict between fairness and equality has never been truly resolved.
Succession planning can be a complex and emotionally charged process. Achieving consensus among family members, committing to the plan and understanding potential consequences are vital to secure the future of the farm.
Legacy Farmland Trust offers landowners a way to preserve and protect their assets for generations to come.
John Phipps says there are signs that water is the new oil as water rights turn into water fights across the western U.S. He thinks it’s a battle that could only heat up in the coming years.
Do your consultants have succession plans?
Meet and exchange ideas with other families who are also in the process of succession planning at the Farm Journal Legacy Conference.
As the COVID-19 pandemic became part of our daily lives, it highlighted the need for succession and contingency planning.