Succession planning for farmers and ranchers is important, but it’s also complicated. Land, equipment, equity, your own retirement — how do you even begin to think about handing your business over to the next generation? First, you need a trusted team of professionals, including your insurance agent. Then, you need to start the succession planning process as soon as possible to ensure a plan is in place before you’re no longer able to run the farm.

Farm Bureau Financial Services: Complete Guide to Farm Succession Planning – This comprehensive guide covers everything you need to know about succession planning for your family farm or ranch. You can jump to the sections most relevant to you using the links below, or you can download this guide for future reference.