The National Census of Agriculture has found only eight per cent of Canadian farmers have a written transition plan, despite estimates that over the next 10 years, 75% of farms will change hands.

Nothing will erode wealth and legacy more than families that cannot plan together or talk about important subjects like money and the future.

Will you make 2022 the year you get the conversations and planning started with your family?

Come join us and other farming operators to learn about the most common roadblocks to having healthy conversations with family members. You will see that overcoming these roadblocks might be easier than you think.

In addition, recent changes in federal tax legislation presents new opportunities for you to get your succession planning started now.

In this session, you will learn;

• What makes communicating and planning within family businesses so difficult

• How to communicate better with family, especially members with differing personalities and conflict management styles. Hold meaningful and intentional family meetings, and build momentum

• New tax planning opportunities available to you

• How to assess your farm’s feasibility to financially support your future plans

Our presenters

Lisa Kemp https://www.bdo.ca/en-ca/our-people/lisa-kemp-1/

Bryan Huck, FEA https://www.bdo.ca/en-ca/our-people/bryan-huck-1/