Information 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.
Read MoreFarmers and ranchers running their own business are in control of the finances, paying themselves when and how they like. But when adding another family member to the operation, compensation takes on a whole new meaning. Alan Hojer, director and legacy consultant with Keep Farmers Farming, explains collective wealth comes from growing the business. But at the same time, individual wealth, or compensation, needs to be recognized and fueled.
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