![\"Graphic](\"http:\/\/www.uwagec.org\/aglegacy\/wp-content\/uploads\/2023\/08\/2023_08_01_PlanForCostOfSuccession_how_FCBK.png\")
\n#AGLEGACY #FarmSuccession #EstatePlanning<\/p>\n
\n#AGLEGACY #FarmSuccession #EstatePlanning<\/p>\n
Retirement Plan Financial Plan Documenting Your Financial Assets Contingency Plans #AGLEGACY #FarmSuccession #EstatePlanning In order to retire financially secure, you must have a plan.<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"sfsi_plus_gutenberg_text_before_share":"","sfsi_plus_gutenberg_show_text_before_share":"","sfsi_plus_gutenberg_icon_type":"","sfsi_plus_gutenberg_icon_alignemt":"","sfsi_plus_gutenburg_max_per_row":"","footnotes":""},"categories":[16],"tags":[],"class_list":["post-2400","post","type-post","status-publish","format-standard","hentry","category-post"],"_links":{"self":[{"href":"https:\/\/www.uwagec.org\/aglegacy\/wp-json\/wp\/v2\/posts\/2400","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.uwagec.org\/aglegacy\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.uwagec.org\/aglegacy\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.uwagec.org\/aglegacy\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.uwagec.org\/aglegacy\/wp-json\/wp\/v2\/comments?post=2400"}],"version-history":[{"count":1,"href":"https:\/\/www.uwagec.org\/aglegacy\/wp-json\/wp\/v2\/posts\/2400\/revisions"}],"predecessor-version":[{"id":2401,"href":"https:\/\/www.uwagec.org\/aglegacy\/wp-json\/wp\/v2\/posts\/2400\/revisions\/2401"}],"wp:attachment":[{"href":"https:\/\/www.uwagec.org\/aglegacy\/wp-json\/wp\/v2\/media?parent=2400"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.uwagec.org\/aglegacy\/wp-json\/wp\/v2\/categories?post=2400"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.uwagec.org\/aglegacy\/wp-json\/wp\/v2\/tags?post=2400"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\nIn order to retire financially secure, you must have a plan.
\n<\/strong><\/p>\n
\nAG LEGACY can help…
\nCheck the AG LEGACY Materials tab at AGLEGACY.org<\/p>\n
\nWHAT should your plan for retirement include and how do you put it together? Are there other details you should be worrying about; which ones?<\/p>\n
\nIt is vital to lay-out the steps needed to move the present managers from day-to-day management of the farm or ranch to full time retirement.<\/p>\n
\nThe power of choice can control incomes of all sizes. Setting financial goals gives a person that power. Determining the sources and amount of cash flows is the first step to matching cash inflows to cash outflows.<\/p>\n
\nYou may want to designate someone to handle your financial affairs, including paying monthly bills, when you are no longer able to do so for yourself. In order for someone to take over management of your financial accounts when you die, he or she will need a list of all your assets and liabilities.<\/p>\n
\nEvery succession plan should include contingency plans. Under this heading things like disability insurance, life insurance, employee training, back-up support, how-to manuals, and communication with family, employees, and key stakeholders should be considered.
\n<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"