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It’s never too early to start planning the next step for your operation and your future.
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Transitioning the farm to the next generation can be a chore for both the older and younger generation. Several situations can make this an emotionally charged process, from issues like fairness, equity, tax implications and financial structure – to ensuring you have a qualified and/or interested successor. Whatever the situation, having important conversations and a detailed plan in place can benefit both the younger and older generations and ensure the operation you’ve built together continues to grow and succeed.
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RBC has experienced and knowledgeable advisors who can help you see the big picture and understand the risks and rewards of any significant succession moves you’re thinking of making. We’re ready to help you with your farm succession plan and ensure a smooth transition.
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Where do you want to take your operation?
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An RBC agriculture account manager can help you make the right decisions for everyone involved in your farm transition, and help put your plan in motion.
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RBC Royal Bank | Royal Bank of Canada l RBC Waterpark Place, 88 Queens Quay West, 12th Floor, Toronto, ON, M5J 0B8, Canada | www.rbcroyalbank.com
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