WHY DON’T FAMILY BUSINESSES PLAN FOR SUCCESSION?

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HINDRANCES: Emotional attachment to land; No plans to retire; Ranching/Farming lifestyle; No retirement income
PERSPECTIVES: Proprietors; Conductors; Technicians
THE NEXT GENERATION: Sons / Daughters; In-Laws; Multi-family business; Non-family members
OTHER REASONS: Business issues and Succession planning issues

#AGLEGACY.org #FarmSuccession #EstatePlanning

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