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Psychological barriers to estate planning
Farmers face avoidance and denial when facing mortality and retirement planning. The piece highlights four key barriers including reluctance to retire, desire to maintain control, fairness disputes among heirs, and harm from hiding plans. It notes potential harm to heirs and stresses open discussion and timely decisions. It cites Michael Baron and Dr Val Farmer in North Dakota.
MENTIONED IN THIS ARTICLE
Michael Baron
Bismarck
North Dakota
Preston
P.O
Rapid City
S.D
Val Farmer