SUCCESSION PLANNING for FAMILY FARMERS

What is the future of American family agriculture? Are you a family farmer or rancher? Spouse? Child/grandchild? Where do you fit in the whole family/generational mix? Are you and your family the second, third, fourth, even seventh and/or eighth generation on the land? Or are you a complete newcomer to agriculture -- the first productive agricultural pioneer in your family? Are your spouse and/or children completely onboard? Do you have an effective business plan? What...
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What is the future of American family agriculture?

Are you a family farmer or rancher? Spouse? Child/grandchild? Where do you fit in the whole family/generational mix? Are you and your family the second, third, fourth, even seventh and/or eighth generation on the land? Or are you a complete newcomer to agriculture -- the first productive agricultural pioneer in your family? Are your spouse and/or children completely onboard? Do you have an effective business plan? What about an estate plan? More importantly, do you have a succession plan -- a Perpetuation Plan? Who's going to be running the outfit 20 years from now? That's the real question. In the meantime American family agriculture is facing a perpetuation crisis.

Wherever you fit on this spectrum, and whatever challenges you as you seek to navigate associated minefields, this book is for you. SUCCESSION PLANNING for FAMILY FARMERS & RANCHERS is a collaborative effort seeking to confront this impending crisis and related issues head-on, providing both valuable background and insights, as well as a wealth of common sense, hands-on, how-to advice for both succession planning and estate planning.

But it doesn't stop there. This book addresses a wide variety of other law-related issues, including common practical and legal challenges in the family agriculture world, from basic family and business communications, to business planning and operations to risk management. It also addresses important property, land considerations and real estate transactions, as well as basic tax planning. And, in the Afterword, it also takes a serious look at the future, and where this country and American agriculture are headed. Some of the best things about this book are the unique, spot-on cartoons and illustrations.

SPFF should be considered a must read for all family farmers, ranchers, and their spouses and families, as well as for anyone considering an Agrarian lifestyle and/or a life in family agriculture. It is intended to be a formidable tool in helping to navigate the minefield of family farm / ranch perpetuation planning. This book may not have all the answers, but it will definitely point you in the right direction.

Although this book is intended for family farmers and ranchers, the basic, fundamental principles discussed, and the practical advice offered apply to virtually all family business enterprises, regardless of their direct connection to agriculture.

Mac Miller has a lifetime of experience in family agriculture, as well as 30+ years of experience in business and the legal system, focusing primarily on agricultural and natural resource law, business and estate planning. Miller and his associates also operate and manage The Agrarian Attorney website.