Episode 5.8: Passing the Ranch On

Succession is one of the greatest challenges facing the ranching industry today. With an estimated 70% of U.S. farms and ranches expected to change hands over the next 20 years, thoughtful planning will be essential to ensuring these operations survive and remain productive for generations to come. Successful succession involves far more than transferring land from one generation to the next. It requires early planning and honest conversations about family roles, business structure, finances,...