Many farmers plan for the coming years for what kind of crops are they going to grow and how to grow them, but many don't think about what may happen to their farm should they pass away. CNB Bank and Trust in Taylorville is holding a seminar on farm estate planning on February 12th to help farmers answer this question.
Ron Hanson serves as the Harlan Agribusiness Professor Emeritus, and will be the keynote speaker for the event. He says succession plans help a family know what happens with a farm following a death in the family.
Hanson had more information on the farm succession planning event.
Hanson appeared as a guest on the Newstalk WTIM Morning Show.