Transitioning the farm from one generation to another is not an easy task. Freedom Financial Group CEO Marissa Nehlsen advocates a holistic approach. “There are really four core areas that we look at; tax, legal, risk and wealth management,” explained Nehlsen. “There is also a fifth one and that is the family dynamic; what are doing to make sure our families still come together to eat dinner together when this is done.” Nehlsen presented forums Tuesday, Wednesday and Thursday in the Red River Farm Network building, providing resources and communication tips for succession planning.
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