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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.

#RightRisk #RiskInAg #AgRiskMgt

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AGRICULTURAL PRODUCTIVITY in much of the Western U.S., including Wyoming, is tied closely to the availability of irrigation water.

Most of the highly productive land in the West is irrigated. If you are new to farming or ranching, it is imperative to educate yourself about irrigation options and determine which system(s) might work best for your operation. The goal should be to identify the most efficient use of available water in the most cost-effective manner possible.