Farm Estate GPS

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Disagreeing Decision Makers

Disagreeing Decision Makers

One of the key ingredients to farm estate planning is working directly with the decision makers. Usually the decision makers are the ones who own the underlying assets. Yet every year I get multiple calls from the decision takers (the children) who are frustrated with...

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Sentimentality For The Farm… Is It For Sale?

Sentimentality For The Farm… Is It For Sale?

Do you want to know an interesting fact? It’s often easier to do the farm succession planning when you know one of the kids will sell their land someday. At least it’s known. But then there are times when parents say, “I don’t know if he will sell or not. He’s rather...

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Who Will Implement Your Plan?

Who Will Implement Your Plan?

It seems like we spend most of the time in estate planning determining “who is getting what.” After several meetings and some number crunching, the difficult decisions get made and there’s an agreement in principle about how the family wants things to happen. Then the...

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Does Your Estate Plan Have a PTO?

Does Your Estate Plan Have a PTO?

Working with families and their attorneys is one of the most interesting aspects of my job. We rarely have input as to which attorney we are working with unless the client asks. Regardless, we always prepare an agenda and organize the critical information for a very...

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Classic Excuses

Classic Excuses

Excuses, excuses, excuses! Do you know people who always have an excuse? I’ve been involved in athletics all my life. Through high school and college, I was aware of teammates who consistently had excuses for things that went wrong. I really dislike excuses. Although,...

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Choosing an Advisor

Choosing an Advisor

Choosing an advisor … a tough decision? Or an easy decision? The vast majority of farm estate plans that I see are the result of many different advisors providing input on an estate or financial plan over a course of time. There’s usually an attorney involved at some...

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Farm Succession Planning Starts Here

Our Grow Membership has hundreds of videos and other education material to help you be prepared for any farm family event. 

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