A will is not a succession plan
News
February 12, 2025

A will is not a succession plan

In a presentation for Pennsylvania Farm Bureau, financial advisor Henry Mondschein, Connect Financial Group LLC, provided farmers with information on estate planning. Mondschein’s admonition was “a will does not make a transition plan.” “Today, there are about two million family farms across the nation,” said Mondschein. “The average age of a farmer is 57.5 years old.

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