Preparing for the Future: Farm and Ranch Succession
Whether your business has been in the family for many decades or you’re a first-generation farmer or rancher, we’re here to help you map a strategy to help protect your legacy for many generations. It’s never too early to start planning for the future. After all, you’ve worked hard, and successfully transitioning ownership to the next generation is one way to continue your legacy. But it’s definitely not an easy or one size-fits-all process. A succession plan can ease the complexities – legal, financial, emotional, family dynamics – of transitioning your farm or ranch.
We know your family farm or ranch means more to you than just a source of income – it’s a way of life for you and your family. To help ensure your farm or ranch stays in the family, it’s essential to start planning now when you’re still years away from retirement. While you’re still in charge, you can collaborate with your future owners on a roadmap for where your business might go in the future.
Together with your Farm Bureau agent, you and your heirs can create a strategy that fits the unique needs of everyone.
We’re proud to offer Changing Hands – our succession planning seminar.
Our seminar is all about helping you learn more about succession strategies and planning tools that can be customized to meet your needs. We’ll cover a wide variety of information to help you plan for keeping your business in the family – methods of transferring assets, distributing assets fairly among your heirs, reducing risk by protecting your assets and more.
Upcoming Seminars Near You