Animal Science Department

 

Title

Family Communication in Ag Operations: Getting the Cards on the Table

Document Type

Article

Date of this Version

December 2005

Comments

Published for the Proceedings, The Range Beef Cow Symposium XIX December 6, 7 and 8, 2005, Rapid City, South Dakota.

Why communication is so important.
A. Saving the family relationships
B. Avoiding the Family Feud
1. Have to back this up with a plan and with good documents
C. Producing desirable outcomes
1. Starts with having a plan
2. Plan does not have to be carved in stone
3. New techniques offer flexibility
A. Trusts
B. Durable Powers of Attorney
C. Business Entities