Farm Succession Planning in Georgia: Protect Your Legacy
Your land is more than an asset. It’s your life’s work.
You’ve spent a lifetime cultivating your business and your acreage. We help you pass it on to the next generation with a clear plan designed to minimize tax burdens and prevent family conflict.
"Land Rich and Cash Poor" is a Challenge We Understand.
In South Georgia, wealth looks different. It isn’t always in a 401(k); it’s in the soil, the timber, and the equipment.
But having your wealth tied up in the business creates a unique set of challenges when it’s time to slow down:
Liquidity: How do you retire when your paycheck comes from daily operations?
Fairness: How do you pass the farm to the child who works it, while being fair to the child who moved away?
Taxes: How do you transfer ownership without losing a significant portion of your hard work to taxes?
We Coordinate Your Financial Team.
Succession planning isn't a solo sport. You likely already have a trusted CPA and perhaps an attorney. We don't replace them—we coordinate with them.
As your Financial Planner, Tyler acts as the "General Contractor" for your business exit strategy in Alma. We look at the big picture—investments, cash flow, and lifestyle needs—to ensure the legal and tax strategies your team builds actually support your retirement goals.
Why a "Fee-Only" Planner Matters for Farmers.
Many traditional financial advisors only get paid if you sell your land and let them manage the cash in the stock market. This creates a potential conflict of interest where they may be incentivized to suggest you sell.
At Wellspring, we are different. Because we are Fee-Only, we are paid for our advice, not for selling products or managing assets you don't want to sell.
Land Wealth Management
If the best decision for your family is to keep the land, we will help you keep the land.
No Hidden Agenda
We have no incentive to turn your soil into stocks unless it truly serves your goals.
Comprehensive Strategies for Bacon County.
The Exit Strategy
Whether you are selling to a partner, a competitor, or passing it to your children, we model the cash flow to help ensure the deal supports your retirement lifestyle.
Intergenerational Wealth Transfer
We assist with planning for tax-efficient transfers. We collaborate with tax professionals on strategies (like 1031 Exchanges or Installment Sales) that aim to mitigate capital gains taxes and help preserve your family's wealth.
The "Fair vs. Equal" Conversation
We facilitate the hard conversations about inheritance, helping you design a plan that prioritizes family harmony long after the papers are signed.
Deep Roots in the Local Economy.
Having grown up on a Georgia pig farm and now living in a community built on the blueberry industry, the timber cycles, and the seasonal nature of South Georgia’s economy, when you talk to Tyler Day, you get more than a financial advisor, you get a neighbor who understands the local economy.
Protect the harvest of a lifetime.
You’ve done the work to build it. Let’s do the work to protect it.