Kiplinger

Succession Plans for Farmers (Whether Your Kids Want the Farm or Not)

Many farmers are facing a critical retirement decision.  The traditions of yesterday are often changing, and their children may no longer want to follow in their parents’ footsteps.  The challenges are many.  However, there are options available.

In 1971, I began my farming career at the tender age of 9 in the Skagit Valley, 60 miles north of Seattle. Crop farming was my gig; rouging spinach, sorting tulips, picking strawberries, raspberries and cucumbers alongside the migrant workers from Mexico.  When I was old enough, I was driving picking machines with a dozen kids lying on boards over a conveyor belt, or driving an open tractor pulling a green pea combine while traveling about 1 mile in four hours.

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