One of the things we find is that succession planning is actually a lot more than making a will. One of the things we talked about earlier with some of the witnesses is ownership. There's something about farming—and I think in any business—that you want to own. But in real life, when you look at the farmers I'm familiar with around our area particularly, you see there's a great combination of a land base maybe that they've owned. But to lease or to have separate agreements on how to run someone else's land, how is that looked at in terms of the ability...? That isn't really what we want to do. We want to be able to own the land. I think all of us likely know of others who started off with no ownership, but had an agreement with a farmer. This is a point I've noticed happening. We have farmers who want to retire. They may or may not have family who want to be a part of it. They have a great asset level. They may carry some debt. But they also have a passion for this incredible industry that we have, and they are looking to have someone come alongside who they would be able to mentor, and then have a buy-in, some sort of an arrangement...to take over and operate a farm.
What kind of a policy would you see being best looked at to help encourage that? I think there's a lot more of it than we think. In my case we had three children. None of them decided to farm. I'm still considered a farmer. I think that's why the age limit is 55 and over. What kind of a policy would we put in? I think it's really an advantageous thing to look at.
Ron.