Protect Your Pack and Your Den - Steps to Successful Succession Planning with Heather Venenga | Episode 250
Episode description
In this week's conversation, Tracy speaks to Heather Venenga about succession planning and her book “Protect Your Pack and Your Den: Steps to Successful Farm Succession Planning.” Is succession planning on your mind, and are you losing sleep? Still, trying to figure out where to start? In this week’s episode, Tracy speaks to Heather Venenga about:
- Her succession planning work with clients and why she wrote a book.
- Tracy and Heather chat about typical farm family dynamics. Dad is busy farming and may ignore the subject, while Mom wants harmony, and that is why she is the one who usually spearheads succession planning for the farm.
- Heather shares the four significant obstacles and concerns all farm families share when it comes to succession planning.
- When is the right time to bring the children in on succession planning?
- Heather shares all the information in her book, including farm family dynamics, gender roles, succession planning concerns, wills & estates, your succession team, fair versus equal, and so much more.
- The process can be intimidating, so Heather touches on how to get started.
Join Tracy and Heather in this critical conversation about successful succession planning and how her book is designed to educate families on this process with wisdom and humour. Is succession planning on the horizon at your farm? If so, tune into this week's episode. Thanks for watching, Tracy
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SHOW RESOURCES
Communication Script (1).docx Handout AHF Farm Succession Planning Process (1).pdf Get the Bank Out of Your Business- White Paper.pdf
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