177 | How to Pass on a 7-Generation Dairy Farm: Part 3 - Navigating Family Dynamics
Episode description
In this special 3-part series, we are bringing you the Tanbark Talk held at World Dairy Expo, where we delved into the complexities of transitioning a farm to the next generation.
Part 3: This discussion includes:
Detailed Operating and Buy-Sell Agreements
Addressing Housing Policies
Compensation and Roles in Family Farms
Involving Spouses and Significant Others
Bringing in Non-Family Members
Meet the Panelists:
· Dennis, Jeni & Alan Oechscner, Oechsner Farms: This seventh-generation dairy farm is currently navigating a 10-year ownership transition plan. The Oechsners will share their firsthand experience managing multi-generational dynamics while embracing modern technologies.
· Jared Holt, President & CEO, Ascent Financial: Jared brings deep financial expertise to the discussion, offering insights on estate planning, debt management and financial strategies for long-term success.
· Steve Schwoerer, VP of Dairy Lending, Compeer Financial: With over 31 years in dairy lending, Steve will share his knowledge on financial planning for transitions and how Compeer supports dairy clients through the process.
This episode is sponsored by Compeer Financial.
Compeer Financial is a member-owned Farm Credit cooperative serving and supporting agriculture and rural America. Their dairy team brings world-class expertise and tailored solutions to support dairy producers’ financial goals and lending needs.
For more information, contact:
Dairy Industry Articles: Gain knowledge from subject matter experts
Navigating the Dairy Industry Today: On-Demand Webinar Series
Subscribe to Uplevel Dairy Podcast on YouTube: https://www.youtube.com/channel/UClQ6xQHZ0A1vqHKjRkbtJJA
Want to get new episodes in your inbox? Subscribe here: https://www.upleveldairy.com/subscribe