Episode 14 – Succession Planning for the Farm
Hosts Amanda Scherer and Adam Rabinowitz talk with Robert Tufts, an Alabama Extension professor who specializes in estate planning, legal and tax issues that farmers face. In this episode, Tufts discusses the importance of succession planning for farmers. Succession planning helps farmers determine their vision for their farm’s future, who in the next generation will implement that vision, when the transition will occur, and the documents needed to accomplish that transition.