A financial representative says planning can help keep a
farm in the family. A medical calamity in an older farmer might disrupt what
could otherwise be a smooth transition of a farm to a younger family member, said
Bill Corcoran with COUNTRY Financial.
“We see that not only as a consequence of just poor planning financially, but
we also see long-term care, disability, things like that that have such a huge
impact on a family, can all of sudden put the farm at risk,” said Corcoran, interviewed
by Brownfield at the Central Minnesota Farm Show in St.
