Synopses & Reviews
Synopsis
One day you will transfer your farm to your children, extended family or sell to a third party.The question is will it be on your terms or someone else's terms?Will it be voluntary or involuntary?In our family's case, it was an involuntary transition that led to family discord that is still impacting our family today.Farm life has always been an important part of my world. I grew up on a dairy farm on Nicomen island near Mission, BC and have immediate family and relatives operating dairy, poultry and crop farms.As co-executor of my father's estate, I know the painful truth of not having a farm transition plan in place.As a Wealth Advisor, I see this happening quite often and wouldn't wish it on anyone.Today, I work collaboratively with a team of accounting, banking, legal, financial, insurance, and estate planning professionals to help farmers and their trusted advisors avoid the mistakes my father made.Farmers come to me to help them establish a foundation from which a multi-generational family enterprise can be built, protect their family wealth, treat all their children fairly and equitably in a farm transition, and secure their retirement & family legacy.Contact me today to ensure that your farm transition is voluntary and on your terms.