The Soybean Pod
It is increasingly difficult to successfully pass a farm to the next generation. South Dakota State University Extension is addressing what it takes to navigate this succession with a series of Sustaining the Legacy conferences on what it takes to plan for passing the farm down. From estate planning to retirement to long-term care, on this edition of The Soybean Pod, we talk to Heather Gessner, South Dakota State University Extension’s interim Agriculture and Natural Resources program director and SDSU’s Livestock Business Management Field Specialist. Gessner discusses farmers’ need to plan for when they’re no longer in charge of that next crop. Planning on that passage can seem daunting, and it often requires help from professionals.
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