In the final instalment of RealAgriculture’s Continuity Conversations series, host Shaun Haney is joined once again by Derryn Shrosbree, CEO of 33seven, to walk through step seven of a farm transition strategy. This concluding conversation focuses on an unconventional but practical estate planning and diversification strategy: generating wealth from urban real estate, or what Shrosbree... Read More
Category: Continuity Conversations
In this episode of Continuity Conversations with 33seven CEO Derryn Shrosbree, RealAg Radio host Shaun Haney dives into the often-avoided realities of family farm succession: specifically, the thorny issue of how to treat on-farm and off-farm children when transitioning ownership of the farm business. This sixth step in Shrosbree’s seven-part continuity framework challenges families to... Read More
Taxes support vital infrastructure, such as roads and hospitals, but income tax rates that climb over 50 per cent leave many farmers feeling that the value just isn’t there. There are strategies — all within the tax code — that can help to keep income tax at a more manageable level. In this episode of... Read More
Roughly 88 per cent of Canadian farmers still don’t have a continuity plan, and that lack of preparation could leave families facing more than grief in the event of a death or serious injury. That’s the warning from Derryn Shrosbree of 33seven, who joined Shaun Haney in this fourth instalment of a continuity planning series... Read More
Thanks for joining us for episode three of Continuity Conversations! The first two episodes focused on the value of the farm and the importance of thinking long-term about not just the farm legacy, but also the debt load of a continuing business (see those here). In this episode, host Shaun Haney again sits down with... Read More
As land values soar and tax bills loom, Canadian farm families face a pivotal question: are they leaving a legacy — or a liability when it comes to the farm business continuing? In this second interview with RealAg's Shaun Haney, Derryn Shrosbree, CEO and founder of 33seven, outlines the urgency and opportunity in continuity planning... Read More
Planning without numbers is like flying blind, and farm transition planning is no different. Before going too far in the farm succession or continuation process, it's critical to understand the value of the farm asset as that figure sets the stage for the rest of the process. According to Derryn Shrosbree, CEO of 33seven Continuity... Read More