Author Archives: hewlett@uwyo.edu

Getting Started In Ag: Looking to the Future with Ag Legacy

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#RightRisk #RiskInAg #AgRiskMgt


LEGACY, TRANSITION, AND ESTATE PLANNING can be difficult subjects to address, especially in agriculture.

If you are new to agriculture or just getting started, this topic is probably the last thing on your mind. Our recommendation is: Do not neglect it, however difficult it may be to address. Farming and ranching are dangerous businesses and the last thing you want to do is leave your family scrambling should the unthinkable happen. Owning a farm or ranch is often a lifetime proposition; passing it on to the next generation takes effective planning and forethought.