by Tom Ambroson | May 20, 2021 | Farm Transition, Succession Planning
Planning With Off-Farm Heirs Don’t let uniformed family members wreck your plans. Succession planning can be complicated on a good day but factoring in off-farm heirs adds in another entire level of complexity. Luckily, you can take steps to make this process...
by Rena Striegel | Apr 21, 2021 | Farm Transition, Succession Planning
Succession Planning and Conflict: Should we Start or Not? I often meet owners who have concerns about succession planning due to conflict with their successors. Sometimes the conflict occurs because of a misalignment in plans for the business, and for others it is...
by Rena Striegel | Mar 30, 2020 | Farm Transition, FEATURED ARTICLES, Succession Planning
Building Your Circle of Trust Preparing for transition requires transparency. You have to be willing to share processes, financials, relationships with professionals, and in some cases, even the “secret sauce”. Often concern regarding confidentiality can cause a...
by Rena Striegel | Mar 9, 2020 | Farm Transition, FEATURED ARTICLES
Are You Ready To Transition Your Farm? In the February 2020 Issue of Top Producer Magazine, as a recap to the 2020 Top Producer Summit, there is an article entitled, “Are You Ready To Transition Your Farm” by Ronda Brooks. In that article Rena Striegel, President of...
by Rena Striegel | Aug 23, 2017 | Farm Transition
Use This Checklist to Plan for the Future Young farmers should add these important tasks to their to-do list to avoid unnecessary stress and legal issues, says Shannon Ferrell, ag law professor with Oklahoma State University Extension. Nominate a guardian for minor...
by Rena Striegel | Aug 21, 2017 | Farm Transition, FEATURED ARTICLES
Plan Before Need Succession planning is critical for every farmer, regardless of age Young farmers are especially vulnerable to the ramifications of not having a succession plan. Just ask Shannon Ferrell, an ag law professor with Oklahoma State University...