You have worked hard to establish your farm and to build up the success. As the success continues, you have to start making plans for your farm's future. One of the things that you should do is to create a succession plan.
A succession plan outlines what is going to happen to the farm when you retire or die. It sets up the protocol for the change of management or ownership. This helps to ensure that all of your hard work isn't lost when you aren't the one who is running the farm. Here are some points to remember about farm succession plans: