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Cultivating Multigenerational Success in the Agricultural Community

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October 17, 2014

LegacyConnection Kevin Spafford, CFP® As every farmer knows, harvest doesn’t just happen. It’s the result of months of work, planning, and preparation. We all reap what we sow, and while many consumers might not fully appreciate the cultivation and care that produces a crop, a farmer certainly does. It’s the same with succession. If long-term success, multigenerational wealth and growing opportunities are your goal, a comprehensive succession plan is a must. A w...

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Can I Do It Myself?

October 10, 2014

LegacyConnection Kevin Spafford, CFP® Done right, the succession planning process requires time, money, and effort. It’s not once-and-done. Succession is a series of experiences that move the operation, the family, and the owner toward an ownership transition. Along the way, you’ll gain some financial security, prepare the next generation to lead, and fortify the integrity of the operation. The results of the plan will stem from your commitment to the process. You mus...

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We Owe Each Other Clear Communication

October 8, 2014

LegacyConnection Kevin Spafford, CFP® Whether you’re among the senior, middle, or younger generation, communication is your responsibility. As co-workers, family members, partners, and employees, we owe each other candid dialogue---which includes clear statements, open ears, and certain feedback.  Aspire to follow these three guidelines in all your interactions, especially as related to family, succession, and business. It’s during those times when our: ...

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What's Your Value Proposition?

October 3, 2014

LegacyConnection Kevin Spafford, CFP® Every family operation requires leaders with a variety of skills and a diversity of interests. Tomorrow’s leaders will fill positions and do jobs that aren’t even defined today. So, how do you measure up? Do you have the skills and abilities necessary to help grow the operation? Being fair to yourself and straightforward regarding the depth and breadth of your capabilities, consider your value proposition – what are the quantifi...

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Please join us at eLegacyConnect.com!

September 8, 2014

        eLegacyConnect, a division of Legacy by Design, is an online succession planning community designed to provide succession solutions for farm families.  The site provides many of the tools necessary to create long-term working relationships and plan for succession, including a community forum, resource center, action plan, and a roster of advisors/subject matter experts to help you navigate the succession planning process.  Also please note tha...

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