This presentation will be given to the Illinois Beef Association this Thursday in Galina, Illinois, at its annual meeting. It discusses the differences between estate planning, succession planning and business planning. Then it delves into the Who, What, When, Where, How and How Much. It too discusses how to have those difficult conversations and using mediation in this process.
I have developed a passion in this area over the last several years with farm and estate planning. It’s so easy to put this off. My hope is that farmers and ranchers will stop putting off estate and succession planning for another day.
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