These financially conservative parents worry their children will squander their inheritance. Myron Friesen answers the question, “Can their problem be solved?”
Iowa attorney Erin Herbold-Swalwell offers three steps to succession planning and a few situations that may apply to your family farm for consideration.
A succession plan needs to be comprehensive to successfully guide the transfer of the operation. Younger generations can make these conversations easier by understanding a few important concepts.
Craig Buescher farmed for 30 years, but at age 65, is just getting started. Having read books for years about the power of positive thinking, Buescher believes he’s in the prime of his life.
