EP 31 Life Insurance for Farm Succession (Canada): The Liquidity Plan That Keeps Land in the Family

Most farm families don’t lose the farm because they didn’t plan — they lose it because they didn’t have cash at the exact moment they needed it.In EP31 of Farmers in Finance, Rico breaks down insurance + liquidity in plain English so your succession plan doesn’t turn into a forced-sale plan.You’ll learn:• What “liquidity” really means on a farm (asset-rich vs cash-light)• Why wills/trusts/corporations can still fail without cash timing• The 3 events that create the “invoice day” (death, disability, diagnosis)• The 4 jobs life insurance can do in a farm succession plan: 1. keep operations running 2. pay the estate invoice (tax, legal, debt) 3. equalize siblings (fairness without selling land) 4. fund clean buyouts (partners / family shareholders)• Term vs permanent insurance (use-cases, not hype)• How to choose a coverage number without guessing (30 days / 12 months / 3 years)• The biggest setup mistakes (wrong owner, wrong beneficiary, wrong person insured, never reviewing)Connect with RicoWebsite + past episodes: https://farmersinfinance.comBook a call: https://riccardomanazza.com Disclaimer: Educational only — not legal, tax, or insurance advice. Talk to a qualified lawyer, accountant, and licensed insurance professional for your situation.