We currently offer programming in three areas: Regional Workshops, Introduction to Succession Planning Presentation and Farm Family Visits ... Estate planning for a farm or family business can help ...

It is not an undertaking you can accomplish piecemeal: The various aspects of the plan are all interactive with each other. It will take away time from your daily business responsibilities. Why ...

Over two thirds (69%) of family business owners do not have a succession plan detailing what will happen to the business and ...

The process of a gradual transfer in ownership is called a “business succession plan.” The best business succession plans are individualized for each business and often facilitated by outside ...

If you have a succession plan, Rena Striegel, president of Transition Point Business Advisors, wants to give you a high five. “I want every farmer to feel confident their succession plan is good ...

While the show was riveting, the truth is that Succession glorified poor business succession planning. If you’re a business owner and tuned in to the show, you were reminded how indecision and ...

Eventually the business is sold to outsiders under dire conditions. Don’t think that your family is immune from a comparable ...

Matthew F. Erskine is a trusts and estates attorney. Succession planning is essential for business owners, art collectors, and legacy real estate owners. It involves transferring ownership while ...

Owners often want to ensure that they can eventually sell the business or pass it on smoothly to heirs. A clear succession plan is crucial here because, unlike in a listed company, where a ...

Yet, a crucial part of their job is to ensure that the business legacy thrives beyond their lifetime. I am often asked why it should matter so much: “After all, succession planning is just about ...