Rss feed Icon

Topics

Orientation
Business Planning
Ownership Transition
Financial Security
Leadership Development
Estate Tax Provisions
Annual Review
Sort by: Newest | Most Popular | A -> Z

Milestone or Millstone?

Planning for succession is a process. Since most plans are implemented incrementally, as in a gradual ownership transition, the end result isn’t really knowable. However, the process will have a lasting impact on the owner[s], the family, and the farm. Over time, it will become clear whether the family’s plan for succession is measured in gratifying milestones or grinding on participants like a millstone.