Involving your children in the farm or family business succession planning process can be a sensitive but crucial step in ensuring the long-term success and stability of the family legacy. Succession planning, in simple terms, is deciding how ownership and management of your farm or business will transfer to the next generation. Bringing your children into this conversation is important because it allows them to feel included, understand their roles, and prepare for the responsibilities that will come in the future.
Make sure to check out more episodes on our Podcast page. Feel free to reach out any time to see how Kindred can help you and your trusted advisors manage the complex succession plan process with simple software – cutting time & cost of the current process by 50% or more.