Contact Us
(605) 906-8118
Contact Us
(605) 906-8118

Farm & Business Succession Planning

Succession planning is a process during which a family plans for the transfer of knowledge, skills, labor, management, control and ownership of the farm/business between the owning (retiring) generation and the successor (next) generation. It involves the creation, preservation and ultimately the transfer of the farm/business assets in order to achieve personal, family and business goals.

Each family and each farm/business is unique and no single approach works for everyone.  Although there are ingredients of each succession plan that are consistent, the real value of  a business succession plan is dealing with the distinctive issues that are unique to each individual situation.  Your mission should be to find a way to construct plans that fit your distinct goals.

Farm & Business Succession Planning

Succession planning is a process during which a family plans for the transfer of knowledge, skills, labor, management, control and ownership of the farm/business between the owning (retiring) generation and the successor (next) generation. It involves the creation, preservation and ultimately the transfer of the farm/business assets in order to achieve personal, family and business goals.

Each family and each farm/business is unique and no single approach works for everyone.  Although there are ingredients of each succession plan that are consistent, the real value of  a business succession plan is dealing with the distinctive issues that are unique to each individual situation.  Your mission should be to find a way to construct plans that fit your distinct goals.

Our Holistic Approach

PLAN

What to Expect

Review

What to Expect

Fulfill

What to Expect

Our Holistic Approach

PLAN

What to Expect

Review

What to Expect

Fulfill

What to Expect

Find Us

Estate Planning Solutions Law Firm, Prof. LCC
5027 S Bur Oak Place
Sioux Falls, SD 57108
(605) 906-8118