Succession planning: get expert help and understand your options
Mar 05, 2021
2 minutes
FW ARCHIVE
SUPPLIED
Succession planning may require changing business structures and deciding between a direct sale and placing assets in trust. In more complex cases, it might make sense to divide farming operations, enter into a contract with an outside farmer or sell the farm. There is no one-size-fits-all approach.
Because of the complex nature of a succession plan, a team that includes a lawyer and accountant is indispensable in
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