Legacy by Design:

Succession Planning for Agribusiness Owners

Book Specifications:

Title

Legacy by Design: Succession Planning for Agribusiness Owners

Author

Kevin Spafford

Publisher

Marketplace Books

Available for Purchase at:

  • To promote and enhance communication among family members, owners, managers, partners, and professional alliances.
  • To reinforce the importance of a multifaceted approach to succession planning – with consideration of what is best for farmer, family, and the business.
  • To inspire confidence in owners to move toward the achievement of their most heartfelt desires.
  • To define concepts involved in comprehensive succession planning, which include Business Planning, Management/Ownership Succession, Retirement Design, Wealth Accumulation, and Estate Planning.
  • To strengthen the succession planning foundation of each family business.
  • To outline actions necessary for step-by-step succession planning.
  • To encourage the practical application of comprehensive succession planning in order to maximize the legacy passed from one generation to the next.
  • To encourage sound preparation so that a financially viable business opportunity may be passed to the next generation.
  • To encourage contingency planning in case of premature death or disability of the business owner.
  • The book is a working blueprint, promoting a comprehensive succession system designed to achieve readers’ objectives – passing the farm or agribusiness interest on to their heirs as a lasting legacy.

A Book Review by

DAN BARNETT
Book Columnist


Chico Enterprise-Record

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