Farm Family Coaching

LISTEN TO FARMERS’ TRUE NEEDS

Friday, January 13th, 2012
  • Financial planners can be intimidating and some don’t understand what our true needs are.
  • We need help.  Our family is large and some actively involved and others not, yet everyone feels like they have an inherited right to the farm’s assets. 
  • We need help to seek more financial management training so we can better manage our farm’s finances and ensure a smoother transition of the farm’s affairs to our children when they take over.

 Asking for help from an advisor is an uncomfortable task for many farm families. There is a huge issue around trust and performance. Can I trust the person to really know what they are talking about? Will they follow-through in a timely manner and really listen to what I want? Continue reading LISTEN TO FARMERS’ TRUE NEEDS »

Hang on to Hope

Thursday, March 31st, 2011

“This meeting gave me hope that the process of succession planning does not have to be a painful experience” a farmer wrote on his feedback sheet after I had spent 90 minutes passionately explaining the emotional factors affecting farm family communication in business transfers.

“Hope deferred makes the heart sick” says Proverbs. I am writing this on the plane home from the Peace River region where BC Grain Producers in Dawson Creek and two farm families near Spirit River and the Alberta Peace Region gave me great hope that some families do get things right.

The Peace River region had a bad 2010 drought, and for some it was the third one too close to the last one. The folks who invited me to conduct family meetings with their successor son were pleased that their accountant also took the time to meet me and share his expertise in activating the details of the dreams and hopes for the farm to continue to be successful. Continue reading Hang on to Hope »

Keeping Above the Waterline…Buoyancy and Resilience Required

Thursday, January 13th, 2011

The snowy “weather bomb” of October 27th shut down school in our town.  I was miles away in Victoria, celebrating my birthday, walking the beach with a friend and my hubby. We learned about the severe weather index , a measure of how tough a place is to live : Victoria’s score is 13 compared to Winnipeg’s 51. No surprises there.

This morning I discovered 2 inches of water in my basement storage room, and started the water vacuum procedure again. A friend called to report she had 6 inches in her basement, and insurance proceedings dictated a major renovation of drywall gutting and flooring removal. Her perspective of the stress of rural families for 2010 was “some folks are just trying to stay above the waterline.” She also mentioned a fellow who had 80,000 gallons of water in his basement…due to a recent house fire !

“It’s only stuff, and really highlights what is important” was his response. Continue reading Keeping Above the Waterline…Buoyancy and Resilience Required »

Leaving a Lasting Legacy

Friday, December 31st, 2010

Today I baked the “Ultimate Fruitcake” in memory of my youngest sister Grace, who was killed by a drunk driver, 21 years ago today. This yearly ritual of baking her favourite fruitcake fills my home with wonderful scents, and helps me to recall the short life of a dearly loved sister. Last night a long time family friend, Jane, called to say she was thinking of me, and Grace, and my mom, Lois.  Jane recalled  that my mom’s laughter  was so loud that it rolled across a room, and then the tears of joy  usually followed. Jane was the one who sat through the night while my mom lay dying in palliative care. It was sweet to visit over the phone, and reflect on the lives of loved ones.

Soon  I’ll be doing a roadshow with an accounting firm to talk about the “Death of a farmer”. Bet that title just makes you want to jump in a car and come ! My portion is to talk about leaving a lasting legacy, the final wishes, how you would like to be remembered, what to do with sentimental possessions, and the family issues around money and land. (And they only gave me an hour !)

I love talking about this stuff. I’m not so good about organizing all the documents that I want to have put into place, but I have started.

I want you to start, too, : to leave a manual for your loved ones of your important documents, wishes, funeral plans, advisors, plumber etc.  Make a  “life “ binder that someone could grab if your home was flooding, a loved one suddenly dies, with  everything all organized.

I have resources from the internet that will help get you started: Continue reading Leaving a Lasting Legacy »

Managing your Marriage in the Muck

Friday, December 17th, 2010

As I write this on September 3rd, we are stalled with a large harvest due to bothersome rains. Those of you with more muck than crop are saying “wish I even had a harvest.” And the farmer from Margo Saskatchewan with 12,000 unseeded acres is wondering how to get the land ready for next year! Not fun.

We’ve gone through this before in 1999 and 2005, but for some folks this year is the most extreme challenge. My concern is for the family foundation and resilience that holds things together even under enormous external stresses.

We can’t stop the rain or cause fields to dry up overnight. We can choose to find ways to cope, and hope.

This summer I’ve had conversations with farmers and ranchers looking for hope to keep up their passion of agriculture and re-ignite the passion of their marriages. I remind them that if their spouse is the most important part of their life, how are they putting that into action?

Farms under financial strain due to poor crops and looming debt payments can still succeed IF the folks involved pull together as a team and keep talking and listening to each other. Continue reading Managing your Marriage in the Muck »