Articles Tagged with ''transition plan''
Four considerations for transition planning include persistence, open communication, understanding how setting up business entities will affect the operation and developing a will.
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Farm succession planning with second marriages
Trusts can be very effective at establishing succession plans for second marriages, providing adequate income to the spouse while protecting the assets for the deceased spouse’s children.
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Success in succession planning – getting organized
Some dairy families don’t have the luxury of time when creating a succession plan. Getting organized early can help a family work through important issues while struggling with emotional stress, grief and loss.
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Farm transition lessons from cowboys
Whether the cattle are beef or dairy, the questions surrounding farm transition are the same.
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