Succession Planning

Preserve your legacy and put your family at ease by determining how your operation will transition to the next generation. 

These stories, downloadable resources, videos and other materials are benchmarks that you can adapt to fit your unique ranch operation. You’ll find links to additional information to go deeper into each subject area, and we’ve provided a start to get you thinking about incremental improvements that are focused on the betterment of your operation and your most valued resources: your land and livestock. 

Articles and Resources

Drovers 2023 State of the Beef Industry Report

150th Anniversary State of the Industry report is designed to provide a benchmark of information to help producers make successful decisions.

USRSB Provides Step-by-Step Guide For Grazing Management Plan Development

Customizable template provides a tool to optimize profitability, efficiency and resilience for today and the next generation.

What is Estate Planning and Why Should a Rancher Embrace It? 

Estate planning is not a one-time event. Instead, it is an ongoing process designed to accomplish accumulation, preservation and distribution objectives during a rancher’s lifetime and after his or her death.

Understanding Farm Business Transfer Strategies 

Learn about sole proprietorships, joint ventures, partnerships and corporations to find the financial structure that fits the future vision of your operation.

Tips To Better Communication During Farm Succession Planning 

Farming together requires good communication, mutual respect and trust. It is necessary for everyone to be willing to give and take. This is probably the most stressful part of farming.

Transitioning The Ranch: How to Figure Out What This Might Look Like

When you begin discussions on what transitioning your ranch might look like, you and your children should answer each of these questions to help better shape your planning decisions and the future of your operation.

Tailored Advice From Experts

Would you like more information on Trust in Beef topics from the experts?