The Estate Planning Stuff You Need with Shannon Ferrell
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While estate planning is likely to rank low on activities that bring most of humanity joy, agriculturalists need to devote time to getting their transition plan right.
But how do we go from broaching the topic of estate planning with loved ones to setting in motion an iron-clad transition when the time comes? Luckily, Shannon Ferrell - professor of Agriculture Economics specializing in Agricultural Law at Oklahoma State - has more than a few ideas. On this episode, we discuss:
The estate planning essentials everyone needs
Assembling your team of transition experts
Reasons to update your policies after big life events
Why transition is an area of concern in agriculture
Why no plan is a bad plan
Rural mental health
And much, much more!
Additional resources:
OSU Farm Stress
Angus Convention estate planning feature
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