Communication critical in farm succession planning
Author
Published
1/28/2019
Communicating a dream or a goal as a farm succession plan may be difficult for families, especially when multiple generations are involved. That’s where the Iowa Farm Bureau’s Take Root program comes in.
Take Root provides strategies and resources to help improve family communication, assist in navigating through the emotional obstacles and identify the business and estate planning tools that correspond with transferring the family farm to the next generation. Since the program’s inception in 2013, more than 5,000 people have participated in Take Root workshops held throughout the state.
COMMUNICATING GOALS
Creating a farm succession plan starts by first having discussions about the future of the farm. Farm leaders need to first consider their family...
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