“A lot of larger farms are multiple generation,” Langemeier explains. While federal estate tax exemptions currently offer a cushion for many operations, family friction often arises when addressing non-farming heirs or figuring out how off-farm family members own land assets. Langemeier warns that many families fall into the trap of procrastination under pressure because day-to-day farm management takes up all their bandwidth. One of the things that we talk about when we meet with families is developing a timeline… when is the older generation expecting to reduce their effort in the business?” “One of the things I would talk to them about is management responsibilities of all the operators,” Langemeier advises.