Simply transferring a farm to the next generation is quite easy. Successfully transitioning a farm business for the mutual benefit of all parties involved, however, is much more complicated. It takes time, planning and the weighing of a multitude of considerations.
Step One is to identify the successor. Will the farm be transitioning to family or to a third party? If to family, does s/he understand the commitment it takes to own and operate the farm business? Doe s/he
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