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Skip the Secrets: Your Farm’s Succession Plan Should be Shared


You’ve thought about who will run your farm in the future. You may have even identified the next leader. But have you shared those plans and dreams with your team – or that potential successor?


“Many families make the mistake of attempting to develop a plan by guessing what family members want rather than asking them directly,” says Rena Striegel, president of Transition Point Business Advisors. “Assumptions made at the beginning of the process are often the source of big disappointments later.”


Clarity and certainty about the future of the farm are important to next-generation farmers.


By SARA SCHAFER

December 29, 2020

dairyherd.com

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