As a farmer with over 56 years of experience, I have witnessed firsthand the challenges and potential pitfalls of succession planning for family-owned agricultural operations. While the process is crucial for ensuring a smooth transition to the next generation, it is often loaded with emotional complexities and the risk of family feuds if not approached with care and foresight.
Avoiding the pitfalls of succession planning on the family farm
A common trap is the tendency to rely too heavily on external professionals
