With: Jeff Tranel, Agricultural and Business Management Economist, Colorado State University Extension.
Presented by the Center for Agricultural Profitability at the University of Nebraska
Jeff Tranel is an Agricultural and Business Management Economist with Colorado State University. His professional interest focus on estate and succession planning, financial management, income tax management, and human resource management.
You have spent a life time operating and growing your farm or ranch business. It is now time to turn the business over to your successor. But how do you start the process? Tranel will talk about some of the key issues to planning the transition to the next generation and planning your estate. He will discuss inheritance versus legacy; the four pillars of a lasting legacy; family discussions about succession and estate planning; and the key issues of estate planning and management succession.
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