Planning For Farm Transfer

Each farm succession situation is unique. The number of people involved, their equity positions and goals can differ vastly and will affect how the families or parties wish to proceed with their farm succession plan. This section provides general background information on the planning process, facilitation tools to get the discussion started, as well as planning flow charts and models. Assessment tools are included to help measure each person's readiness for the changes that will take place with the succession.

Resources

• AgVentures Business Arrangements and Farm Transfers
• Passing Down the Farm - The Other Farm Crisis
• Nurturing the Next Generation of Wisconsin's Dairy Farmers
• Transferring the Farm - University of Minnesota Extension Fact Sheet Series
• Two Generation Farming Series
• Two Generation Farming Step 1: Getting Started
• FINPACK Business Plan
• Farm Business Management for Farmers, NCR 610 (Six-part series)
• Farm Estate and Business Planning by Neil Harl