FCC Knowledge: Talking Farm and Food

In the ninth and final episode of the series, our Business advisors wrap up and review key takeaways along the path to farm transition. Learn how to keep the conversation going, check-in, and what you can do to keep your plan current and continue to repeat the process.

Show your farm transition plan who's boss. In this eighth episode, FCC Business Advisors role-play conversations and share best practices, showing you how to lead through ongoing alignment and activation. See firsthand how to work through challenges and towards agreement on timelines and implementation of your plan.

Is your successor set up for transition success? In the seventh of a 9-part series, learn how to share knowledge and help the next generation. FCC Business Advisors Annessa Good and Andrea DeGroot will help you gain the skills and experience needed to move the farm business forward.

In the sixth of a 9-part series, learn how to build a written plan that's considerate of all generations and consistent with your farm's values, vision and goals. Transition experts Joel Bokenfohr and Merle Good work through the process from the junior and senior partners' perspectives in this mock scenario during one of our recent virtual events.

In this episode, Patti Durand and Tom Deans address incorrect assumptions people make about estate planning and why having a current, well-considered will is a critical part of any transition.

What do you get when you have a lender, lawyer and accountant in the same room together? Great advice! In the fourth of our 9-part series, learn how to identify who's on your professional advisory team and what skills and expertise are needed to fill the gaps.

Is everyone on the same page when it comes to transition planning? In this episode, Patti Durand, FCC Transition Specialist and Kent Gulash, Director of Industry Relations at AG-West Bio, walk through how to create a shared vision, values and goals that everyone can connect with.

Are you financially ready for farm transition? In this episode, FCC Business Advisors, Andrea De Groot and Corey Henderson share how to assess and summarize your current financial picture while considering your family dynamics.

Farm transition happens – are you prepared? In the first of a 9-part series on your path to farm transition, FCC Business Advisors Joel Bokenfohr and Annessa Good share how to gather the correct farm structure and estate documents and details, identify who needs to be involved and ensure they're committed to the transition process.

When farm manager Lori Robinson started in ag, she didn't have many female role models to look up to – so she became one. In this episode, learn how she built a successful career by embracing mentorship, joining boards, and surrounding herself with good people.