Battling Greed in Farming: Preserving Family Farms and Legacies

Barn Talk

Tork and Sawyer Whisler

Business

4.9 • 1.7K Ratings

🗓️ 11 August 2024

⏱️ 65 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

Welcome to Barn Talk: In this episode, we dive deep into the physical and emotional challenges of getting in shape, the vital importance of estate planning, and the complexities of family farm succession. We discuss the necessity of education and open communication in maintaining family relationships and highlight the impact of setting boundaries and creating a legacy. Use code BARNTALK for 10% OFF your next order https://farmergrade.com SUBSCRIBE TO THE PODCAST ➱ https://bit.ly/3a7r3nR SUBSCRIBE TO THIS’LL DO FARM ➱ https://bit.ly/2X8g45c SUBSCRIBE TO BARN TALK CLIPS ➱ https://bit.ly/3BlZnqq LISTEN ON: SPOTIFY ➱ https://open.spotify.com/show/3icVr4KWq4eUDl7Oy60YMY ITUNES ➱ https://podcasts.apple.com/us/podcast/barn-talk/id1574395049 Follow Behind The Scenes👇🏻 ● This’ll Do Farm Instagram ➱ https://bit.ly/30KPBNk ● Barn Talk TikTok ➱ https://bit.ly/3qciekS ● Sawyer’s Instagram ➱ https://bit.ly/3BtX0n4 ● Tork’s Instagram ➱ https://bit.ly/3LGZJxS 00:00 Podcast discusses listener-suggested deep topic, seeks support. 07:59 Ford F150 stuck on logs, Tesla pulled. 15:07 Meeks and the family's journey to Iowa. 17:55 Family legacy: important, resolve conflicts for future. 22:23 Rural business growth and survival in economics. 29:03 Off-farm inheritance money causes farm pressure. 35:41 Generational land sale due to medical bills. 41:57 Communication issues in family business succession. 44:09 Plan ahead, communicate, or face consequences. 52:45 Planning for inheritance to preserve family assets. 58:41 Estate planning resources are more accessible today. 01:00:46 Family's important, but set boundaries if needed. ------------------------------- ***PLEASE NOTE*** Barn Talk is a significant break from the typical content viewers have come to expect from This’ll Do Farm. Please be advised that we will be exploring a wide variety of topics (some adult-themed) and our younger viewers (and their parents) should be advised that some topics will be for mature audiences only. ⚠NO FINANCIAL ADVICE / DISCLAIMER⚠ The Information discussed and shared on Barn Talk is provided for educational, informational, and entertainment purposes only, without any express or implied warranty of any kind, including warranties of accuracy, completeness, or success for any particular purpose. The Information contained in or provided from or through this podcast is not intended to be and does not constitute financial advice, investment advice, trading advice, or any other advice. The Information on this podcast and provided from or through our content is general in nature and is not specific to you, the user or anyone else. You should not make any decision, financial, investment, trading or otherwise, based on any of the information presented on this podcast without undertaking independent due diligence and consultation with a professional, professional broker or financial advisory. Understand that you are using any and all Information available on or through this website at your own risk. RISK STATEMENT– The trading of Bitcoins, alternative cryptocurrencies, NFTs, individual stocks, etc. has potential rewards, and it also has potential risks involved. Trading may not be suitable for all people. Anyone wishing to invest should seek his or her own independent financial or professional advice. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	All of the food we eat in much of the clothing we wear comes from plants and animals that are raised on farms.
0:05.4	Farms are different in type, in size, and even in name. Welcome to Barn Talk.
0:13.0	What happens at the barn stays in the barn, but not today. We're
0:26.6	going to let it all out for you guys. Today is going to be a deep talk. It's going to be a
0:31.4	barn talk, deep talk. We don't really have a hot
0:34.4	topic we want to talk about. We don't really have any questions we want to answer today,
0:38.4	but we do have something that's been weighing on our minds that actually a listener suggested that we should talk about on the show
0:46.6	So we thought you know what that's a good one to talk about today. We're gonna switch it up and get deep
0:52.3	But before we do, you guys know the
0:54.4	drill if you've been listening to the show or watching the show for a while.
0:57.2	If you get any value from the show, share it out with the people that you know. The
1:01.6	more that you guys do that, the more that this
1:03.7	show can grow, the more guests we can get on, the more episodes we can make, and the more successful
1:10.4	this podcast can be. If you also want to help us out in any way you can
1:14.7	leave a review on Spotify or Apple that gives our show a lot of credibility.
1:19.9	It's probably the number one metric that people from the outside looking in on your podcast can look at to see how successful it is, how good of a show it is.
1:28.0	And that also helps us get better, more and better guests on.
1:31.0	Last thing you can do to support us and our farm in this podcast
1:36.2	is you can go over to our direct to consumer meat business,
1:39.5	farmergrade, farmergrade.com, and buy some meat.
1:43.2	We got American waggu on there.
1:44.8	We got dry-aged black Angus beef on there,
	...

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