Mark McLaughlin
Mark McLaughlin is an associate with Farm Financial Strategies and a co-owner of Farm Estate GPS in Ankeny, Iowa. He grew up on a family farm near Defiance, Iowa, and shares in the fifth generation of ownership. McLaughlin has helped farm families across the Midwest develop their farm succession strategies for the last 17 years. Find an online resource to help families understand their options and take control of farm succession strategies at FarmEstateGPS.com.
Stuck between 'They'll get along' and 'Let 'em fight it out'
Proactive planning creates a path for everyone to get along while estate planning.
How to offset land vs. non-farm assets between heirs
Perhaps the focus should be more on equal opportunity and less on equal outcomes.
Focus on the farm succession issues within your control
Leverage your resources and do the best you can with what you know for succession planning, then optimize your plan as you go.
Design your farm succession plan first, then gift farmland
Make key decisions within your farm succession plan to prevent issues that arise from gifting farmland.
How do you set farm heirs up to lead if they lack respect from the team?
Here are some ways to make a smooth transfer in leadership.
How Do You Start a Farm Succession Plan When All Previous Attempts Have Failed?
After failed attempts, how do you start succession planning again?