Pass the Baton
The purpose of this podcast series is to educate agricultural businesses (farmers) on how to work through generational transfer of farms. The goal will be to see farmers 'pass the baton – not the buck!’
Pass the Baton
WHAT IS THE DEAD PLAN?
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Tony Catt - Catapult Wealth
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Season 1
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Episode 4
First things first - What is the dead plan?
Creating a dead plan - if something were to happen to you today, what would happen to the operation of your farm? Would someone be able to keep it going?
It's a grim topic, but Death is a part of life and we need to be able to have an open and honest conversation about it.
In this episode, Tony talks to Mark Foulis from Catapult Wealth to dig deep into dead plans, why it's necessary and what you need to do create one.