The aging family farm -- helping to head off the crisis of the '90s

James L Harlin

American Bankers Association, 1992, vol. 06, issue 01

Abstract: As the percentage of farmers nearing retirement age increases, banks can play a key role in helping to preserve the stability of many family farms by providing estate/succession planning services. As many farmers do not have valid estate/succession plans, farms are more prone subject to break-up and the loss of young family members. Effective estate/succession planning, which addresses the total financial, social, and psychological needs of farm families, is best handled by a specialist.

Keywords: Agricultural; Finance (search for similar items in EconPapers)
Date: 1992
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