Are there control issues, fears of giving something up, or an inability to choose?

Are there emotional attachments, no plans for retirement, or farming lifestyle issues?

Does the founding generation have a proprietor, conductor, or technician perspective on the business?

What are the relationships of the next generation with the founders? Are they sons, daughters, in-laws, or non-family members?

Are there other business issues or succession planning issues that must be addressed to allow the planning process to proceed?

#AGLEGACY.org #FarmSuccession #EstatePlanning

#AGLEGACY.org #FarmSuccession #EstatePlanning
AG LEGACY Materials can help…
To learn more about AG LEGACY materials and for ideas on where to begin see AGLEGACY.org

ADDRESSING FAMILY STRESS:
Culture of open communication
Allow sharing of ideas openly
Everyone wants to feel their opinions are heard and matter
Family meetings
Family business meetings

OTHER COPING SKILLS:
Making decisions democratically
Planning ahead for stressors
Reduce blame
More emphasis on “quality family time”

#AGLEGACY.org #FarmSuccession #EstatePlanning

The Why Build Relationships module covers challenges to managing relationships between generations in any family. See our recording outlining the how to build your relationships with next generation at AGLEGACY.org.

#AGLEGACY.org #FarmSuccession #EstatePlanning

* Who will take over as this generation continues to age?
* How we can build relationships between generations now?
* What makes farm and ranch families unique?
* What are the sources of stress among and between generations?
* How do we counter-act the stresses of modern life?
* What can we do to reduce the blaming in our communications?

FOR ANSWERS:
See our recent newsletter and online module materials covering: Why Grow Relationships with the Next Generation?

#AGLEGACY.org #FarmSuccession #EstatePlanning