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18
Dec

Farm transition planning 101: Starting the conversation

December 18, 2018

By: Jon Jaffe

Remember back in high school when you were “interested” in someone and you had the feeling that they were also interested in you? Should you make the first move or should you wait for them to do so? Starting a conversation about farm transition planning is in many ways comparable.

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Posted In: Transition Planning

Tags: business management, business planning, communication, generational transfer, succession planning, transition planning, young & beginning farmers
7
Nov

The Importance of Estate and Succession Planning

November 07, 2017

By: Rick Hermonot

Estate and succession planning is a topic that is too often put off. But the cost to putting it off can be huge, and it puts the future of your family’s farm legacy at stake! To avoid an unexpected financial burden, let’s identify the hurdles that stand in the way of getting started and five key steps to getting a plan in motion.

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Posted In: Transition Planning

Tags: GenerationNext, business management, business planning, collaboration, communication, estate management, estate planning, farm management, financial management, profitability, risk management, succession planning, time management, transition planning
27
Oct

GenerationNext seminars help prepare tomorrow's Northeast ag leaders

October 27, 2016

As important as education is to building the next generation of northeast agriculture leaders, it’s just as important for young producers to learn to apply that education to their industry. That kind of experience and training is a major part of Farm Credit East’s GenerationNext program.

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Posted In: Transition Planning

Tags: ag education, business planning, business management, farm business, farm management, financial management, leadership, young & beginning farmers, profitability, succession planning
18
May

Estate Planning Start Early for Best Results

May 18, 2016

By: Jon Jaffe

Estate planning is a critical piece of the overall management of a farm operation. The process can be challenging and sometimes intimidating for all involved, but keeping these outcomes in mind can help ensure an operation is positioned for a smooth transition when the time arises.

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Posted In: Transition Planning

Tags: estate planning, farm succession, succession planning, transition planning