The average U.S. farmer is more than 58 years old, according to the U.S. Department of Agriculture. That makes succession and estate planning all the more important for farms.
Succession planning starts with sound estate prep — this gives the 50+ audience a clear roadmap. Step-by-step breakdown of wills, trusts, power of attorney and gifting strategies to preserve wealth and reduce stress.
Joining us on the stage at the Agweek 360 Building at Big Iron to explain how all of these things work was Alex Vasichek, owner and financial advisor of Elevate Financial.
Alex specializes in helping farm families and ag business owners navigate financial planning, succession and protection strategies with an understanding rooted in his own farming and ranching background. Since 2012, he has guided clients through retirement, estate planning, and insurance solutions tailored to the realities of rural life. A certified Farm Succession Coordinator and Agricultural Focused Financial Planner, Alex is dedicated to helping multi-generational operations protect their livelihoods, plan for transitions, and secure lasting legacies.