The Casual Cattle Conversations Podcast: 3 Transition Planning Tips You Won't Want to Forget

3 Transition Planning Tips You Won't Want to Forget

There’s no shortage of transition planning advice floating around the ranching industry and for good reason. Each operation requires a tailored approach to most effectively pass down family values, natural resources, genetics, buildings and equipment to name a few items on the list.

Personally, I find myself in what I view as a unique situation in the transition planning space. I call myself a fifth-generation rancher because that is how many generations of ranching knowledge has been passed down to me and I grew up working alongside multiple generations. But my parents aren’t on the family homestead, they started their own place neighboring my grandparents. Separate operations that often helped each other daily.

This is a different dynamic than my husband’s family. We currently live on the family centennial farm established in 1914. The legacy is passed through the same house and land through each generation.

Throughout these experiences, three pieces of advice have stuck with me the last 5 years. This advice applies to all generations but more specifically to the next generation waiting in line whether that’s at age 50 or 15.

1. Do you actually want the family farm? ....



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