Succession planning: How to choose a successor
By Trudy Kelly Forsythe
Choosing a successor is no easy task. While various family members may have ideas about who’s entitled to inherit the farm, the current owners may have very different ideas about who has the skills to keep the farm going in the long run.
Throw blended families and in-laws into the mix and the question of succession may not have any clear-cut answers. And, in some instances, the best successor may come from outside the family. How does one decide? | READ MORE