Are you certain you've taken all the steps necessary to ensure your farm will prosper in the next generation? Have you communicated well with all of the stakeholders? At Water Street Solutions, our goal is to eliminate the uncertainty you are likely feeling about this. We strive to provide you with the confidence that your hard work will transfer smoothly to the next generation. We walk clients through our phased approach which allows them the opportunity to know that each area of planning has been addressed.
Legacy planning is important, but perhaps not urgent, so it gets pushed to the future. Often we just don't know where to start with a big project like this. Very few families have a complete estate and transition plan. Many have a few pieces completed - like wills, trusts, and life insurance policies. Sometimes the challenge is that no one in the family is coming back to the farm. Are you confident that your current plan would serve you well?
Water Street Solutions is a neutral third party to help guide the discussions forward, understanding the true wants and needs of every family member and crafting a plan to address them.