Passing the torch on the farm and ranch can be an exciting moment in agriculture. But behind that excitement is a critical piece of the puzzle, planning for the older generation to step back. Exit planning means moving from leadership to support, not only in day-to-day management, but also financially.
Read MoreInformation is essential when creating strategy for the future. And as farmers and ranchers transition their operations to the next generation, information makes the difference between success and failure. Keep Farmers Farming Director and Legacy Consultant Alan Hojer explains, those that hold the wealth and assets also have the information that's key to the future of the younger generation.
Read MoreOne of the greatest challenges farmers and ranchers will face in their lifetime is transferring their wealth to the next generation.
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