Will Your Farm Make It to the Third Generation? Odds Say No

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june 19, 2015 Will Your Farm Make It to the Third Generation? Odds Say No
Here's a staggering fact: Families fail to keep their families and fortunes together for three or more generations 90% of the time.

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FINANCIAL MANAGEMENT
The Right Foundation
The law of harvest is to reap more than you sow. That holds true both in the field and in the office. A viable business model grows a more robust operation.
  FAMILY HARMONY
Take Time To Get Away
While producers have more trouble getting away than about any other segment of working society, the intense nature of agriculture makes downtime important.
 

tax and legal issues
Navigate Estate Tax Teeter-Totter
Farm families seeking to avoid large estate tax penalties have several options available, explains Paul Neiffer, a CPA and partner at CliftonLarsonAllen.  

  leadership development
Strong In You Is The Force, Young Jedi
Too many of us dismiss the wisdom of Yoda, but the Force is all around us. So, proud Farmwalker, it is crucial to master the Force of Habit.

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