A Succession Plan & An Estate Plan

Speaking from the perspective of a fifth generation rancher, Lucy Meyring says it's important for a ranch to have both a succession plan and an estate plan. That's because they're different and are designed to do different things when it comes to passing the ranch on to the next generation. She explains the difference and why it's important for cattlemen to do both.

Read more on succession and estate planning here.

Hide comments

Comments

  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
Publish