Clay SEIA - 12/5/2025 21:34
featherfarmer - 12/5/2025 08:30
Clay SEIA - 12/4/2025 21:39
Positioning your descendant to not have to buy your farm again would be far more constructive than anything to do with volume discounts....
And just how would one go about doing that and still be able to enjoy the fruits of a lifetime of labor, in ones retirement?
I'm not claiming an easy solution exists. But for starters.... if there are multiple off-farm heirs, clean them off of it. Not saying to begrudge them an inheritance- give them a nice check, give them stocks, give them a life insurance policy, give them the house, sentimental items, whatever.
But if you control it from the grave such that the farming descendant has to buy out shares of the non-farming descendants, with assets which are not good collateral to do that plus backstop everyday operations, without asking permission from everybody else involved etc. then you have chosen to put shackles on the future legacy of your farm. Some people reading this will understand, some will not.
what does farming look like in 5 years?
