How does a family define fairness? Is it helping everyone be successful or is it helping the farm be successful after the farm transition?

Fairness keeps founders awake at night. Fairness means different things to different farm team members and the non-farming heirs. Elaine tackles the challenges most families face when trying to be FAIR during the farm transition.

The audience will receive the FAIR (Financial transparency, Attitudes, Intentions, Rebels) model:

• Understand the need to unpack financial transparency and the tools to do it (income streams, debt servicing, viability of the farm)
• Navigate attitudes towards money by encouraging families to have clarifying conversations about inheritance expectations
• Share an easy-to-use framework that will enable farm families to create clear intentions about how important decisions are made
• Get insights on what to do with the rebels who are never satisfied as founders shift roles

A farm is not a piece of pie. In today’s agricultural reality, farm families cannot make all of their children economically equal. Equality is no longer part of the transition language.

Elaine’s presentation will give you a new language to manage expectations and navigate finding fairness in farm transition so that everyone will be successful.