When transition agreements aren't put in writing and a parent dies, the children often disagree about how to divide the farm. Dr. Don Jonovic offers advice on how to avoid division within the family by agreeing on a plan before it's too late.
Alan Thompson owned 1,000 acres by the time he was 24, without a cosigner. At 30, he got caught in the wave of rising interest rates and falling land values and had to sell most of the land. Now he wants to help his son start farming but also reduce the ri
The 80-year-old cement block barn on Rick Rosenboom's farm in northeastern Illinois near Herscher is a testament to the staying power of four generations of his family. Like the old barn, their family farm is evolving.