What are some things that motivate farmers to start the farm transfer process?
There are lots of things that motivate retirement planning. For example: If a family member is working off the farm, he or she could be a participant in a retirement plan at work. Also, farming is not as labor intensive as it was in the past. There is more opportunity to do other things such as work off the farm or take a vacation now and then. Some farmers are motivated to prepare an estate plan after seeing a neighbor cope with a health problem.