How to Sell your Farm Successfully by Win Wachsmann
One day you will transfer your farm to your children, extended family or sell to a third party.The question is will it be on your terms or someone else's terms?Will it be voluntary or involuntary?In our family's case, it was an involuntary transition that led to family discord that is still impacting our family today.Farm life has always been an important part of my world. I grew up on a dairy farm on Nicomen island near Mission, BC and have immediate family and relatives operating dairy, poultry and crop farms.As co-executor of my father's estate, I know the painful truth of not having a farm transition plan in place.As a Wealth Advisor, I see this happening quite often and wouldn't wish it on anyone.Today, I work collaboratively with a team of accounting, banking, legal, financial, insurance, and estate planning professionals to help farmers and their trusted advisors avoid the mistakes my father made.Farmers come to me to help them establish a foundation from which a multi-generational family enterprise can be built, protect their family wealth, treat all their children fairly and equitably in a farm transition, and secure their retirement & family legacy.Contact me today to ensure that your farm transition is voluntary and on your terms.
My name is Adrian Spitters. I am a Senior Wealth Advisor with Assante Capital Management Ltd. and have extensive experience in integrated family wealth planning. I grew up on a dairy farm on Nicomen Island near Mission, BC and have immediate family and relatives operating dairy, poultry and crop farms. I began my career offering investment advice to my natural market - family, relatives and friends operating dairy and poultry farms as well as family businesses connected to the ag-community. I saw a number of families suffer because they had no advisors. Others suffered because they misplaced their trust in unskilled advisors. Advisors who should have known better. Advisors who thought THEY had all the answers. My family was one of those who suffered unnecessarily. My father, like many farmers and business owners and affluent families of his generation, kept the family finances private. My brothers and I were not involved in my father's estate planning. All I remember is my dad telling us that he wanted the farm to stay in the family and that he had arranged to make sure that happened and that we would all be treated fairly in his will. His advisors? A lawyer and an accountant. As co-executor (with two brothers) of my father's estate, I discovered he had a poorly executed, unworkable Will and a non-existent farm succession plan. This lack of preparing the next generation to inherit the family wealth, business or farm caused me to rethink my role in my clients' lives. Today, I work as a Senior Wealth Advisor with Assante Capital Management Ltd., a leading Canadian wealth management firm with extensive experience in integrated family wealth planning. My mission - to help families with complex financial assets, business owners, and farm families grow their investments and savings into a small fortune, while keeping the taxman at bay, has been especially gratifying. As you read this book, reflect on the questions and ponder the implications of your past and present actions. In this book, you will learn how to ask the right questions to select the best financial advisor for your situation. Don't you want to join those whose careful planning paid big dividends?
| SKU | Unavailable |
| ISBN 13 | 9781895112283 |
| ISBN 10 | 1895112281 |
| Title | How to Sell your Farm Successfully |
| Author | Win Wachsmann |
| Condition | Unavailable |
| Binding Type | Paperback |
| Publisher | Heartbeat Productions Inc. |
| Year published | 2016-03-23 |
| Number of pages | 102 |
| Cover note | Book picture is for illustrative purposes only, actual binding, cover or edition may vary. |
| Note | Unavailable |