Do you know you will not live forever? You may live all your days on the ranch, but the ranch will hopefully outlive you.

There are times when the next generation of the family business finds themselves in situations where they need the elder generation to make crucial decisions, plan more clearly for the future and take more deliberate leadership actions.

Even though ranching mostly deals with cattle and land, dealing with people – relatives, neighbors, the government – is unavoidable and can be a lot more complicated. During Texas A&M’s virtual Beef Cattle Short Course, three ag lawyers created a presentation to help ranchers get a handle on some common legal issues.

The actual transfer of farm ownership as well as the transition of management control to the next family farming generation is often a journey with many emotional struggles and potential conflicts involved.