Planning Ahead for your Farm Transfer from the Pennsylvania Center for Farm Transitions provides a good concise summary of succession planning for farm families.

The article begins, "Because of the complexity of farm transfers, they require considerable thought, discussion, and planning beforehand... With the plan developed, when retirement starts to approach, your farm and family will be ready to make a transfer that not only meets everyone's needs but is transacted smoothly and with a minimim of emotional anguish."

Other topics include "Where You Are Now and How Can It Be Made Better", "Establishing Clear Goals and Objectives", and "Finding the Right Professionals."

Take a look and, as we say - "Plan Success to Enjoy Life.