Succession planning: 5 things to stop immediately

ZISK
Sep 23
1 min read

Five tips to get on track in succession planning.

For cattle producers, succession planning is often discussed in terms of what to do: create a will or trust, meet with an attorney, talk to your accountant and start building a plan. And while all those things are necessary, they miss an important truth: Before you can build a solid transition plan, you have to stop doing the things that quietly sabotage your success.

I’ve worked with ranching families across the country for more than two decades. In that time, I’ve seen operations pass successfully from one generation to the next, and I’ve seen transitions fall apart – sometimes causing permanent rifts in families who love one another deeply.

Click here to continue reading