{"id":3637,"date":"2018-09-13T14:00:07","date_gmt":"2018-09-13T20:00:07","guid":{"rendered":"https:\/\/elainefroese.com\/?p=3637"},"modified":"2018-09-13T14:00:07","modified_gmt":"2018-09-13T20:00:07","slug":"shirtsleeves-to-shirtsleeves-in-three-generations-fleeing-heirs","status":"publish","type":"post","link":"https:\/\/elainefroese.com\/2018\/09\/13\/shirtsleeves-to-shirtsleeves-in-three-generations-fleeing-heirs\/","title":{"rendered":"Shirtsleeves to Shirtsleeves in Three Generations or Fleeing Heirs: The Financial Future of Your Farm"},"content":{"rendered":"

\"ShirtsleevesLast month we talked about the transfer of wealth on the farm and the tension that goes with it. Well, there is more. Financial planner Anthony Williams describes a study by Investment News suggesting that 66% of children ultimately fire their parent\u2019s financial advisor once they receive their inheritance. These folks are called fleeing heirs.<\/p>\n

I would like to know the statistic for farm families, as many don\u2019t even have a financial planner!<\/p>\n

What You Want in a Financial Advisor<\/h3>\n

Financial advisors for farmers should be set up to work remotely. Communicating while not in person has become much easier, especially with video conferencing tools like zoom.us or skype. We also ask our advisor to visit our farm on occasion.<\/p>\n

You also need great chemistry with your financial planners and any accountants for your family. I suggest farm children develop a relationship with their parent\u2019s advisor well before any major changes on the farm, like farm transition or death. This is a great way to create trust and empathy.<\/p>\n

Lastly, you want to find an advisor that will take a holistic approach to manage your money and wealth.<\/p>\n

\"Fleeing<\/p>\n

Fleeing Heirs and Financial Advisors<\/h3>\n

Perhaps fleeing heirs have their own issues. They are DIY folks who like to invest their own way with fewer fees. Maybe the heir never had any intention of working with mom\u2019s advisor. Perhaps the heir has been living as though he\/she already had a windfall and while he\/she may like dad\u2019s advisor, is not interested in having anyone keep tabs on her finances. And rather unfortunately, to prove dominion and control over the assets, the heir must move the assets to someone else. They flee.<\/p>\n

Shirtsleeves to Shirtsleeves in Three Generations<\/h3>\n

If you haven\u2019t heard the expression, shirtsleeves to shirtsleeves in three generations is about losing wealth in the succeeding generations. A study by Williams Group revealed 70% of families will lose their fortune during the lives of the second generation, in other words, 70% of more than 3200 families had succession plans fail. On top of that, ninety percent will lose their wealth during the lives of the third generation.<\/p>\n

Why? Many reasons: taxes, inflation, poor investment decisions, adverse market conditions, and the natural dilution of assets as they are shared among generations of heirs. But there is another reason that I think resonates for farmers:<\/p>\n

The most compelling reason fortunes are frittered away is because younger family members are ill-prepared or unwilling to shoulder the responsibility of wealth stewardship. They have grown up with plenty of money and are a step or two removed from the work ethic or drive of the people who made it for them.<\/p>\n

Read that last paragraph again, out loud.<\/p>\n

\"Fleeing<\/p>\n

Does your successor have great financial management skills? If you died tomorrow would the farm start a downward spiral spin into financial loss? Can you picture some young farmer in your community who was given much and lost a lot?<\/p>\n

Wes and I are a second generation who has watched our farming parents struggle, live frugally, and we have been able to acquire greater wealth through hard work, and the blessing of God. Our successors are the third generation who don\u2019t have personal experience of want or struggle.<\/p>\n

How do we prevent the loss of wealth? We communicate.<\/p>\n

[Tweet “Don’t let fleeing #heirs cause your #farm to lose its wealth from succeeding #generations.”]<\/p>\n

Communicating to Prevent the Loss of Wealth<\/h3>\n

This means family discussions and meetings, using a farm family coach<\/a>, and having an accountant who is willing to work with all generations. Most young farmers don\u2019t want to hear any more about the high-interest rates of the 1980\u2019s but your stories of trials will help keep wealth decisions in perspective. Share your values, your money scripts. What do debt and risk management mean to you?<\/p>\n

Many wealthy farmers that I coach have no intention of selling the entire farm to their heirs. The next generation can only afford to buy shares or some assets but not the whole piece. The parents engage the younger generation by asking about their dreams and farm vision, getting them excited about their own future.<\/p>\n

The founders can help fund that future, but in a responsible, business-like way with well-written agreements and professional input from coaches, accountants, financial planners, and lawyers. This takes intentional, regular communication.<\/p>\n

The other option of not communicating or preparing the next generation to manage wealth will be going from shirtsleeves to shirtsleeves in three generations, and having the family destroyed or ripped apart over money.<\/p>\n

Find a financial planner that can serve your farm family for more than one generation. Fleeing heirs may not be receiving sound advice or if they are receiving financial wisdom they are choosing not to act upon it.<\/p>\n

Helping the Next Generation<\/h3>\n

I suspect that many successors in their early 30\u2019s need a professional accountability partner in the form of a financial planner to help them navigate keeping their wealth and growing it for their aging years. David Chilton, author of The Wealthy Barber<\/a> says that \u201cwait\u201d and \u201csave\u201d are not part of the next generation\u2019s vocabulary.<\/p>\n

The parents or founders also need to take responsibility for their avoidance behaviour. They know that fairness issues or inheritance talks cause conflict, so rather than embracing it as a risk management strategy for the secure legacy of the farm business, they are silent. You need to face your mortality<\/a>. You need to get comfortable with discussing your estate plan with your children and hire someone to keep the conversations safe and respectful.<\/p>\n

\"fleeing<\/p>\n

One farm family in Alberta found it very helpful to watch my video on \u201cFinding Fairness in Farm Transition\u201d<\/a>.<\/p>\n

Again, you have the right to distribute your wealth as you chose, but if you highly value richness in relationships, I suggest you use all the tools you can to have courageous conversations that preserve understanding and relationship.<\/p>\n

If your financial advisor is nearing retirement, are you grooming his or her successor to be part of your family\u2019s planning process? This is where I rely on my CAFA colleagues<\/a> to provide great referrals for farm families across the country. Click here<\/a> to find one near you!<\/p>\n

The next generation is not used to waiting. They want respect and have a more collaborative planning style. Young farmers on twitter share heaps of information, quickly. Our successors want goal-based solutions, so it is time for each generation to get clear about what they want, and when they want it to happen.<\/p>\n

Money is a form of energy to create growth and good. What does wealth management mean to you?<\/p>\n

Write to tell me<\/a> you have had a financial planning conversation with the next generation on your farm and I\u2019ll send you my \u201cWhat do I really want\u201d worksheet.<\/p>\n","protected":false},"excerpt":{"rendered":"

Last month we talked about the transfer of wealth on the farm and the tension that goes with it. Well, there is more. Financial planner Anthony Williams describes a study by Investment News suggesting that 66% of children ultimately fire their parent\u2019s financial advisor once they receive their inheritance. These folks are called fleeing heirs.…<\/p>\n","protected":false},"author":2,"featured_media":3645,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[],"tags":[113,142,329,556,808,809,538,810,811],"class_list":["post-3637","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","tag-farm-business","tag-farm-finances","tag-farm-succession","tag-financial-planning","tag-financial-planning-for-the-farm","tag-fleeing-heirs","tag-generations-on-the-farm","tag-shirtsleeves-to-shirtsleeves","tag-shirtsleeves-to-shirtsleeves-in-three-generations"],"yoast_head":"\nShirtsleeves to Shirtsleeves in Three Generations or Fleeing Heirs<\/title>\n<meta name=\"description\" content=\"Shirtsleeves to shirtsleeves in three generations refers to succeeding generation losing their wealth. One cause of this is fleeing heirs. Find out more.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/elainefroese.com\/2018\/09\/13\/shirtsleeves-to-shirtsleeves-in-three-generations-fleeing-heirs\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Shirtsleeves to Shirtsleeves in Three Generations or Fleeing Heirs\" \/>\n<meta property=\"og:description\" content=\"Shirtsleeves to shirtsleeves in three generations refers to succeeding generation losing their wealth. One cause of this is fleeing heirs. Find out more.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/elainefroese.com\/2018\/09\/13\/shirtsleeves-to-shirtsleeves-in-three-generations-fleeing-heirs\/\" \/>\n<meta property=\"og:site_name\" content=\"Elaine Froese | Canada\u2019s Farm Whisperer | Your go-to expert for farm families who want better communication and conflict resolution to secure a successful farm transition\" \/>\n<meta property=\"article:published_time\" content=\"2018-09-13T20:00:07+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/elainefroese.com\/wp-content\/uploads\/2018\/09\/Shirtsleeves-to-Shirtsleeves-in-Three-Generations-or-Fleeing-Heirs-The-Financial-Future-of-Your-Farm.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1200\" \/>\n\t<meta property=\"og:image:height\" content=\"630\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Elaine Froese\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Elaine Froese\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"6 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/elainefroese.com\/2018\/09\/13\/shirtsleeves-to-shirtsleeves-in-three-generations-fleeing-heirs\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/elainefroese.com\/2018\/09\/13\/shirtsleeves-to-shirtsleeves-in-three-generations-fleeing-heirs\/\"},\"author\":{\"name\":\"Elaine Froese\",\"@id\":\"https:\/\/elainefroese.com\/#\/schema\/person\/6960d626ab7e9f2f8f719815b7733dc3\"},\"headline\":\"Shirtsleeves to Shirtsleeves in Three Generations or Fleeing Heirs: The Financial Future of Your Farm\",\"datePublished\":\"2018-09-13T20:00:07+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/elainefroese.com\/2018\/09\/13\/shirtsleeves-to-shirtsleeves-in-three-generations-fleeing-heirs\/\"},\"wordCount\":1158,\"commentCount\":1,\"image\":{\"@id\":\"https:\/\/elainefroese.com\/2018\/09\/13\/shirtsleeves-to-shirtsleeves-in-three-generations-fleeing-heirs\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/elainefroese.com\/wp-content\/uploads\/2018\/09\/Shirtsleeves-to-Shirtsleeves-in-Three-Generations-or-Fleeing-Heirs-The-Financial-Future-of-Your-Farm.jpg\",\"keywords\":[\"Farm Business\",\"farm finances\",\"Farm Succession\",\"financial planning\",\"financial planning for the farm\",\"fleeing heirs\",\"generations on the farm\",\"shirtsleeves to shirtsleeves\",\"shirtsleeves to shirtsleeves in three generations\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/elainefroese.com\/2018\/09\/13\/shirtsleeves-to-shirtsleeves-in-three-generations-fleeing-heirs\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/elainefroese.com\/2018\/09\/13\/shirtsleeves-to-shirtsleeves-in-three-generations-fleeing-heirs\/\",\"url\":\"https:\/\/elainefroese.com\/2018\/09\/13\/shirtsleeves-to-shirtsleeves-in-three-generations-fleeing-heirs\/\",\"name\":\"Shirtsleeves to Shirtsleeves in Three Generations or Fleeing Heirs\",\"isPartOf\":{\"@id\":\"https:\/\/elainefroese.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/elainefroese.com\/2018\/09\/13\/shirtsleeves-to-shirtsleeves-in-three-generations-fleeing-heirs\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/elainefroese.com\/2018\/09\/13\/shirtsleeves-to-shirtsleeves-in-three-generations-fleeing-heirs\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/elainefroese.com\/wp-content\/uploads\/2018\/09\/Shirtsleeves-to-Shirtsleeves-in-Three-Generations-or-Fleeing-Heirs-The-Financial-Future-of-Your-Farm.jpg\",\"datePublished\":\"2018-09-13T20:00:07+00:00\",\"author\":{\"@id\":\"https:\/\/elainefroese.com\/#\/schema\/person\/6960d626ab7e9f2f8f719815b7733dc3\"},\"description\":\"Shirtsleeves to shirtsleeves in three generations refers to succeeding generation losing their wealth. One cause of this is fleeing heirs. Find out more.\",\"breadcrumb\":{\"@id\":\"https:\/\/elainefroese.com\/2018\/09\/13\/shirtsleeves-to-shirtsleeves-in-three-generations-fleeing-heirs\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/elainefroese.com\/2018\/09\/13\/shirtsleeves-to-shirtsleeves-in-three-generations-fleeing-heirs\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/elainefroese.com\/2018\/09\/13\/shirtsleeves-to-shirtsleeves-in-three-generations-fleeing-heirs\/#primaryimage\",\"url\":\"https:\/\/elainefroese.com\/wp-content\/uploads\/2018\/09\/Shirtsleeves-to-Shirtsleeves-in-Three-Generations-or-Fleeing-Heirs-The-Financial-Future-of-Your-Farm.jpg\",\"contentUrl\":\"https:\/\/elainefroese.com\/wp-content\/uploads\/2018\/09\/Shirtsleeves-to-Shirtsleeves-in-Three-Generations-or-Fleeing-Heirs-The-Financial-Future-of-Your-Farm.jpg\",\"width\":1200,\"height\":630,\"caption\":\"Shirtsleeves to Shirtsleeves in Three Generations or Fleeing Heirs: The Financial Future of Your Farm\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/elainefroese.com\/2018\/09\/13\/shirtsleeves-to-shirtsleeves-in-three-generations-fleeing-heirs\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/elainefroese.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Shirtsleeves to Shirtsleeves in Three Generations or Fleeing Heirs: The Financial Future of Your Farm\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/elainefroese.com\/#website\",\"url\":\"https:\/\/elainefroese.com\/\",\"name\":\"Elaine Froese | Canada\u2019s Farm Whisperer | Your go-to expert for farm families who want better communication and conflict resolution to secure a successful farm transition\",\"description\":\"\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/elainefroese.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/elainefroese.com\/#\/schema\/person\/6960d626ab7e9f2f8f719815b7733dc3\",\"name\":\"Elaine Froese\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/elainefroese.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/4df8162d4b4a0bb7b79f735f1fd39bc21a692ec62908384041c34339d64bd119?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/4df8162d4b4a0bb7b79f735f1fd39bc21a692ec62908384041c34339d64bd119?s=96&d=mm&r=g\",\"caption\":\"Elaine Froese\"},\"description\":\"I\u2019m Elaine Froese, a lifelong farmer. Every day, I use my background in conflict resolution and communication to help fellow growers and ranchers face make-or-break issues head on \u2014 so they can focus on the business of farming. My expertise is sought after across Canada, and in the U.S. I'm a catalyst for courageous conversations, new scenarios and more profitable businesses. Many of my clients say: \u201cI wish I had met you 10 years ago.\u201d Learn more on how I can help you here \u2192\",\"url\":\"https:\/\/elainefroese.com\/author\/elaine\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Shirtsleeves to Shirtsleeves in Three Generations or Fleeing Heirs","description":"Shirtsleeves to shirtsleeves in three generations refers to succeeding generation losing their wealth. One cause of this is fleeing heirs. Find out more.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/elainefroese.com\/2018\/09\/13\/shirtsleeves-to-shirtsleeves-in-three-generations-fleeing-heirs\/","og_locale":"en_US","og_type":"article","og_title":"Shirtsleeves to Shirtsleeves in Three Generations or Fleeing Heirs","og_description":"Shirtsleeves to shirtsleeves in three generations refers to succeeding generation losing their wealth. One cause of this is fleeing heirs. Find out more.","og_url":"https:\/\/elainefroese.com\/2018\/09\/13\/shirtsleeves-to-shirtsleeves-in-three-generations-fleeing-heirs\/","og_site_name":"Elaine Froese | Canada\u2019s Farm Whisperer | Your go-to expert for farm families who want better communication and conflict resolution to secure a successful farm transition","article_published_time":"2018-09-13T20:00:07+00:00","og_image":[{"width":1200,"height":630,"url":"https:\/\/elainefroese.com\/wp-content\/uploads\/2018\/09\/Shirtsleeves-to-Shirtsleeves-in-Three-Generations-or-Fleeing-Heirs-The-Financial-Future-of-Your-Farm.jpg","type":"image\/jpeg"}],"author":"Elaine Froese","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Elaine Froese","Est. reading time":"6 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/elainefroese.com\/2018\/09\/13\/shirtsleeves-to-shirtsleeves-in-three-generations-fleeing-heirs\/#article","isPartOf":{"@id":"https:\/\/elainefroese.com\/2018\/09\/13\/shirtsleeves-to-shirtsleeves-in-three-generations-fleeing-heirs\/"},"author":{"name":"Elaine Froese","@id":"https:\/\/elainefroese.com\/#\/schema\/person\/6960d626ab7e9f2f8f719815b7733dc3"},"headline":"Shirtsleeves to Shirtsleeves in Three Generations or Fleeing Heirs: The Financial Future of Your Farm","datePublished":"2018-09-13T20:00:07+00:00","mainEntityOfPage":{"@id":"https:\/\/elainefroese.com\/2018\/09\/13\/shirtsleeves-to-shirtsleeves-in-three-generations-fleeing-heirs\/"},"wordCount":1158,"commentCount":1,"image":{"@id":"https:\/\/elainefroese.com\/2018\/09\/13\/shirtsleeves-to-shirtsleeves-in-three-generations-fleeing-heirs\/#primaryimage"},"thumbnailUrl":"https:\/\/elainefroese.com\/wp-content\/uploads\/2018\/09\/Shirtsleeves-to-Shirtsleeves-in-Three-Generations-or-Fleeing-Heirs-The-Financial-Future-of-Your-Farm.jpg","keywords":["Farm Business","farm finances","Farm Succession","financial planning","financial planning for the farm","fleeing heirs","generations on the farm","shirtsleeves to shirtsleeves","shirtsleeves to shirtsleeves in three generations"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/elainefroese.com\/2018\/09\/13\/shirtsleeves-to-shirtsleeves-in-three-generations-fleeing-heirs\/#respond"]}]},{"@type":"WebPage","@id":"https:\/\/elainefroese.com\/2018\/09\/13\/shirtsleeves-to-shirtsleeves-in-three-generations-fleeing-heirs\/","url":"https:\/\/elainefroese.com\/2018\/09\/13\/shirtsleeves-to-shirtsleeves-in-three-generations-fleeing-heirs\/","name":"Shirtsleeves to Shirtsleeves in Three Generations or Fleeing Heirs","isPartOf":{"@id":"https:\/\/elainefroese.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/elainefroese.com\/2018\/09\/13\/shirtsleeves-to-shirtsleeves-in-three-generations-fleeing-heirs\/#primaryimage"},"image":{"@id":"https:\/\/elainefroese.com\/2018\/09\/13\/shirtsleeves-to-shirtsleeves-in-three-generations-fleeing-heirs\/#primaryimage"},"thumbnailUrl":"https:\/\/elainefroese.com\/wp-content\/uploads\/2018\/09\/Shirtsleeves-to-Shirtsleeves-in-Three-Generations-or-Fleeing-Heirs-The-Financial-Future-of-Your-Farm.jpg","datePublished":"2018-09-13T20:00:07+00:00","author":{"@id":"https:\/\/elainefroese.com\/#\/schema\/person\/6960d626ab7e9f2f8f719815b7733dc3"},"description":"Shirtsleeves to shirtsleeves in three generations refers to succeeding generation losing their wealth. One cause of this is fleeing heirs. Find out more.","breadcrumb":{"@id":"https:\/\/elainefroese.com\/2018\/09\/13\/shirtsleeves-to-shirtsleeves-in-three-generations-fleeing-heirs\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/elainefroese.com\/2018\/09\/13\/shirtsleeves-to-shirtsleeves-in-three-generations-fleeing-heirs\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/elainefroese.com\/2018\/09\/13\/shirtsleeves-to-shirtsleeves-in-three-generations-fleeing-heirs\/#primaryimage","url":"https:\/\/elainefroese.com\/wp-content\/uploads\/2018\/09\/Shirtsleeves-to-Shirtsleeves-in-Three-Generations-or-Fleeing-Heirs-The-Financial-Future-of-Your-Farm.jpg","contentUrl":"https:\/\/elainefroese.com\/wp-content\/uploads\/2018\/09\/Shirtsleeves-to-Shirtsleeves-in-Three-Generations-or-Fleeing-Heirs-The-Financial-Future-of-Your-Farm.jpg","width":1200,"height":630,"caption":"Shirtsleeves to Shirtsleeves in Three Generations or Fleeing Heirs: The Financial Future of Your Farm"},{"@type":"BreadcrumbList","@id":"https:\/\/elainefroese.com\/2018\/09\/13\/shirtsleeves-to-shirtsleeves-in-three-generations-fleeing-heirs\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/elainefroese.com\/"},{"@type":"ListItem","position":2,"name":"Shirtsleeves to Shirtsleeves in Three Generations or Fleeing Heirs: The Financial Future of Your Farm"}]},{"@type":"WebSite","@id":"https:\/\/elainefroese.com\/#website","url":"https:\/\/elainefroese.com\/","name":"Elaine Froese | Canada\u2019s Farm Whisperer | Your go-to expert for farm families who want better communication and conflict resolution to secure a successful farm transition","description":"","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/elainefroese.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/elainefroese.com\/#\/schema\/person\/6960d626ab7e9f2f8f719815b7733dc3","name":"Elaine Froese","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/elainefroese.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/4df8162d4b4a0bb7b79f735f1fd39bc21a692ec62908384041c34339d64bd119?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/4df8162d4b4a0bb7b79f735f1fd39bc21a692ec62908384041c34339d64bd119?s=96&d=mm&r=g","caption":"Elaine Froese"},"description":"I\u2019m Elaine Froese, a lifelong farmer. Every day, I use my background in conflict resolution and communication to help fellow growers and ranchers face make-or-break issues head on \u2014 so they can focus on the business of farming. My expertise is sought after across Canada, and in the U.S. I'm a catalyst for courageous conversations, new scenarios and more profitable businesses. Many of my clients say: \u201cI wish I had met you 10 years ago.\u201d Learn more on how I can help you here \u2192","url":"https:\/\/elainefroese.com\/author\/elaine\/"}]}},"_links":{"self":[{"href":"https:\/\/elainefroese.com\/wp-json\/wp\/v2\/posts\/3637","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/elainefroese.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/elainefroese.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/elainefroese.com\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/elainefroese.com\/wp-json\/wp\/v2\/comments?post=3637"}],"version-history":[{"count":0,"href":"https:\/\/elainefroese.com\/wp-json\/wp\/v2\/posts\/3637\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/elainefroese.com\/wp-json\/wp\/v2\/media\/3645"}],"wp:attachment":[{"href":"https:\/\/elainefroese.com\/wp-json\/wp\/v2\/media?parent=3637"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/elainefroese.com\/wp-json\/wp\/v2\/categories?post=3637"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/elainefroese.com\/wp-json\/wp\/v2\/tags?post=3637"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}