Transition planning is never easy or simple, but some cases are much harder than others. If you are at an impasse, it may be time to evaluate the consequences of continuing with a transition plan so you can make the hard decision sooner rather than later.

Some of the concerns heirs have in taking over the family farm include the financial viability of farming, the challenges of modern agriculture and lifestyle implications.

Succession planning is about owning your future and controlling your farm’s destiny. In a recent panel discussion at the “Own Your Future Forum” hosted by the Professional Dairy Managers of Pennsylvania (PDMP) and Center for Dairy Excellence, five panelists from all sectors of the industry had a candid conversation about taking control of the future.

“Every front door looks beautiful” is one of my favourite Irish sayings. It came to mind in Deadwood, South Dakota, where I was listening to the woes of a young ranch couple.

Growing up, the only way she could get time with dad was by being in the barn. The only way she could gain his attention was by working hard on the farm and “being of use.”