Succession Plan Urged for Family Farm Transition Survey Finds More Than Half of Owners Kept Decisions On Future to Themselves

Summary

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For many farm families, it seems there's always something more urgent to deal with than a business succession plan.

Chores consume much of their time, and it's a constant challenge to keep up with the daily demands on their time and energy.

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Extract

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Succession Plan Urged for Family Farm Transition Survey Finds More Than Half of Owners Kept Decisions On Future to Themselves

Yet as thousands of Wisconsin farmers push the middle-age envelope and beyond, a business succession plan ought to be near the top of their priority list, according to farm experts.

Age isn't always the issue. Agriculture ranks as the second most dangerous occupation, just behind the mining and quarrying indust...

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