FAQ’s (Farmer Asked Questions)
Most families started their journey right where you are today. They all had questions and maybe you do too. Our memberships are designed to help you find the right answers for your situation. Here are some of the common questions that come up with regards to farm succession planning and Farm Estate GPS.
Q: My family won't talk about farm succession. They avoid the issue every time I bring it up. What can I do?
A: This is probably one of the most frustrating things we come across. Sometimes the farming heir understands what is on the line, but the rest of the family is not motivated to take action. First, we would suggest that you take control of what you can control. Have you done the planning for your spouse and kids with what you have right now? It’s the right thing to do for your family. Plus, others might follow your example. Have you taken time to try to truly understand the other family members’ position? Is there a way to move forward if their biggest hang up is positively addressed? We are convinced that for many families, they don’t start a plan because the timing “just isn’t quite right”. They wait for a perfect time for everything to align, which rarely happens. Without trying to sound self serving, why not get them a subscription to our Seed or Grow Membership? Let them discover on their own terms what problems, and opportunities, are out there.
Q: How do you define "fair" vs "equal"?
Q: Hey, how do you guys get paid?
Q: How do I protect my farm from the nursing home?
Q: Can I just gift a farm to my farming heir today?
Q: Should we set up a traditional will or a revocable trust?
More Farmer Asked Questions (FAQ’s) to come!
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Tools, concepts, and strategies to help you make the best decisions for your situation.