Make the time to develop a transition plan
A transition plan will help you ensure that your (and your family’s) wishes are met, emotional stress is minimized, and financial risks and opportunities are addressed.
Read MoreFarm succession conversations can be tough and the decisions, for some, may be hard to swallow. If done correctly, though, the farm’s future is much more secure.
Keeping family on the same page when it comes to planning out the next months, years or generations of the farm is not for the faint of heart, but this week’s guest, Andy “Caygeon” Junkin is helping many farms by doing the heavy lifting for these weighty conversations. Junkin is widely recognized as the leading expert on farm succession and farm debt turnarounds, having written five books and spoken in 14 states on the topic.
00:00 – Stubborn.farm’s Andy “Caygeon” Junkin talks about how he got started helping farm families work through tough issues that would otherwise be the detriment of the farm.
23:50 – On the latest To the Beat of Agriculture hear from the Vice President of the Mahoning County Farm Bureau and learn how his family’s generational conservation efforts have led to a recent recognition at this year’s Farm Science Review.
32:20 – Andy “Caygeon” Junkin discusses what trends he is seeing when it comes to farms that are struggling to continue due to family dynamics and challenging economic conditions.
42:20 – Hanna Fosbrink with the Ohio Beef Council and the Beef Checkoff talks about her organization’s recent programs that have been driving the demand for beef.
A transition plan will help you ensure that your (and your family’s) wishes are met, emotional stress is minimized, and financial risks and opportunities are addressed.
Read MoreThe group can help with farm transitions, farm lease agreements, land use zoning issues and farm business consultation.
Read MoreWhat does the future of the farm look like when the older generation is no longer a part of what happens day to day?
Read MoreAmerican Farmland Trust hopes its new national program, Land Transfer Navigators, will protect family farms and stem the flow of farmland to nonagricultural uses.
Read MoreThe Wetherell family is planning for the future of their farm while simultaneously making sure its current needs are met, with the help of Illumination Financial Group.
Read MoreTrevor German is the first beginning farmer to complete a transaction through the new Ohio Beginning Farmer Tax Credit Program.
Read MoreIt was the fervent wish of Ron and Denny Smith’s father, Forest, that the original Smith Family Farms in Ashland County, stay in the family.
Read MoreBrown was the keynote speaker at the 2024 Winter Leadership Experience. Her focus is on helping families learn what it takes to transition the farm to the next generation.
Read MoreAndy ‘Caygeon’ Junkin is helping many farms by doing the heavy lifting for weighty succession conversations. Junkin is widely recognized as the leading expert on farm succession and farm debt turnarounds.
Read MoreAlisha Morgan is passionate about succession planning because without that plan in place, the emotional and financial tolls that came their family’s way could have resulted in the loss of their farm.
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