It is time to stop guessing what everyone thinks, feels, wants and needs. Explore what stories your grandparents, parents and siblings are telling themselves about the future and transition of wealth on your farm. Ask Grandpa or Mom, “I’m just curious, what is the story you are telling yourself? Is this a scarcity mindset issue? How much is enough? Would you ask for the help of a financial planner to give you more financial security and certainty for your income streams as you age in place on this farm?”

Narcissism is the mental disorder of “you.” People with this disorder are arrogant, self-centered, manipulative and demanding. They are convinced they deserve special treatment. They have difficulty tolerating criticism or defeat. Sometimes, it’s not fun to be around them.

Second marriages can present a unique challenge for farm succession planning. The challenge occurs when one or both spouses have children from a prior marriage.