Once farmers and their advisers have diagnosed the problems arising from the default settings, an attorney can help select the tools to help fix them.

The Appreciative Inquiry process has challenged our approach to problem-solving. How could focusing on the positive elements of our family business resolve conflicts? It sounds contradictory, doesn't it?

Slips, trips and falls are common accidents on farms, even more so during the winter months. The combination of cold temperatures, ice, snow and muddy conditions can make the risk of these accidents even higher. 

Long-term interest rates, as measured by the 10-year U.S. Treasury, have a strong correlation with the federal funds rate. As a result, long-term interest rates are likely to remain higher until economic risks to the outlook clear and/or the Fed resumes interest rate cuts in the second half of the year.

We are going to discuss step three of our six-step exit planning process, which is to identify the type of exiting owner you most resemble. Why does this matter? Because all succession and exit plans do not follow the same path, and appropriately so.

If you are gearing up for spring planting or tending to livestock, you know there are many daily tasks to complete, and your mind may be saying “The work on this farm is never done.” Many young farmers are keen to work hard to prove they are ready to become farm managers, but what tools are helpful for founders and successors to delegate the tasks ahead?

Keeping your farm equipment in good condition is a vital part of maintaining a safe operation. Performing regular inspections and routine maintenance ensures your equipment is in safe working condition and can prevent incidents. Employees should not operate any equipment that is not in safe condition.