A farmer with his son

Avoiding the pitfalls of succession planning on the family farm

A common trap is the tendency to rely too heavily on external professionals

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.