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Is Your Succession Plan Going To Leave A Mess For Your Family?
Manage episode 397009528 series 3550832
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We proudly say in Agriculture that 97% of America’s farms are family operations. That’s cool. But these farms are also businesses. With a lot of moving parts. And, a boat load of financial capital in play along with hefty assets. Sadly, about 80% of farming operations don’t have a succession plan in place. That’s irresponsible from a business perspective but it’s even more damaging — in many cases — for the family relationships that make the farm go. Ben Hansen with Gross & Company of Iowa joins Damian to discuss the legal, financial, and personal side of estate planning. Farming is your legacy. Is your family and that legacy worth protecting? Get answers and ideas in this business themed episode of Cutting The Curve! Presented by AgXplore
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