10 Siblings, One Farm & The Succession Conversations That Matter | Farmstrong Series

What happens when a farm family has ten children and the future of the farm needs to be decided?

In this episode of The Impact Farming Show, we go inside one family's real-life succession planning journey with Nathan, the eldest of ten siblings, and Derryn Shrosbree of Farmstrong.

With multiple family members, different ideas about the future, and the difficult realities of land, money, inheritance and who will continue farming, succession planning can become complicated quickly.

Nathan shares what the process was actually like for his family including the challenges, the assumptions they had going in, and the conversations that needed to happen.

Derryn brings his perspective as the advisor who helped guide the family through the process, explaining why succession conversations can be so difficult, how families can work through competing ideas of what is "fair," and why having an independent third party involved can make such a difference.

Most importantly, this episode explores what can happen when a family chooses to have these conversations before a crisis forces them to.

In This Episode

• Nathan's perspective as the eldest of ten siblings

• How many family members are currently farming and who wants to farm in the future

• What prompted the family to begin talking about succession

• The biggest challenges the family faced during the process

• Concerns about creating tension by discussing money, land and inheritance