FCC KNOWLEDGE PODCAST - TALKING FARM AND FOOD - Season 3 - Episode 5: Why every farm transition needs a will and estate plan
Tuesday, January 17, 2023
Reference: FCC
FCC KNOWLEDGE PODCAST - TALKING FARM AND FOOD - Season 3 - Episode 5: Why every farm transition needs a will and estate plan
In this fifth of our 9-part series, Patti Durand is back! She and Tom Deans address incorrect assumptions people make about estate planning and why having a current, well-considered will is a critical part of any transition..jpg){kind=spacer}
Listen to the FCC Knowledge Podcast HERE.
Presented by AgExpert. Software designed for Canadian agriculture.
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Episode Resources
- What happen if you don't have a will – by province
- Farm transition Q&A with Dr. Tom Deans
- Farm transition - Will and Estate Pre-Planning Tool - coming soon!
- Check out the live Your Path to Farm Transition conversations
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Show Guest
Patti Durand
Business Advisor - Transition, with Farm Credit Canada
Patti’s career has been focused on working with farm businesses both as an entrepreneur and a lending advisor, providing tools and resources that open new paths to success. As an experienced farm transition facilitator, she can initiate and lead the conversation and help producers make the best strategic decisions for their operations.
Patti has an agriculture degree from the University of Manitoba and has worked in the Saskatchewan ag industry for more than 20 years. She’s a member of both the Saskatchewan Institute of Agrologists and Canadian Association of Farm Advisors.
Topics: succession planning, farm transition between generations, family communication
Connect with Patti Durand - Facebook / Twitter / Instagram / Linkedin / Website
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Tom Deans PhD
Intergenerational Wealth Transfer Expert, Award Winning Author, Award Winning Speaker
Tom knows from experience that the smoothest road to family wealth wisdom is through honest conversation.
Tom knows about family business relationships: he was president of his family-owned multi-national corporation for almost a decade. Three generations of Tom’s family have successfully sold their businesses for a combined value exceeding $100 million.
They attribute their success to the 12 Common Sense Questions Tom offers in his book, Every Family’s Business. These questions help families stay focused on building wealth, protecting it and keeping family relationships intact.
Sold in 14 countries, Every Family’s Business is the best-selling family business book of all time and has changed the lives of thousands of business owners and their families.
Connect with Tom Deans - Twitter / LinkedIn / Website
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FCC Knowledge: Talking Farm and Food
Agriculture is not only a way of life, it’s a business. Talking Farm and Food is a monthly podcast that highlights the stories and experiences of farm business entrepreneurs and the lessons they’ve learned along the way.
Join us as we talk to Canadian producers about their lives, their businesses, and the farm management topics you care about. If you’re looking for advice on money and finance, transition, managing people, strategy, leadership and more, this is the podcast for you.
Presented by AgExpert. Software designed for Canadian agriculture.
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