Apr 28, 2021
In this week’s episode, we speak to Art Lange about “The
Underlying Issues” regarding transition planning.
Are you ready for some real talk about why transition fails to get
started? If so, you are in the right place.
More often than not, it’s not things like taxes and wills that
cause the senior generation to stall and avoid the subject. It’s
rarely that. It’s often all the stuff that we don’t want to talk
about…”The Underlying Issues,” and that is precisely what we are
going to chat about today.
In this episode, Tracy and Art discuss:
- They discuss the three biggest obstacles for founders. Are you not getting anywhere with the founders of your farm? It’s likely one of these three reasons.
- They discuss what happens if a family starts doing transition planning, and then it goes downhill into arguments and ill will. What then? Art provides some great suggestions.
- Art shares how to deal with founders that refuse to discuss the subject.
- We chat briefly about the five triggers of transition planning and why it’s critically important to plan before any of these triggers occur.
Are you frustrated with the transition planning, or lack
thereof, on your farm?
If so, this episode is for you. Whether you are a farm founder or
the next generation looking to take over the farm, this episode is
for you.
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SHOW RESOURCES
Find a Farm Transition Advisor on CAFA website: https://www.cafanet.ca
Necessary Endings: The Employees,
Businesses, and Relationships That All of Us Have to Give Up in
Order to Move Forward
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The Third Pillar: How Markets and the State Leave the
Community Behind
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