Farm Succession Planning

GA Farm Link succession planning page link TBA


 

American Farmland Trust

It is estimated nearly 300 million acres of agricultural land could change hands in the next 20 years. This amounts to one third of the land in farms in the contiguous U.S. This massive transfer of farm real estate from one generation to the next offers one of the greatest threats to farmland—especially if these farms are sold to real estate developers—but it also presents potentially one of the best opportunities for new farmers looking for land.

Farm Bureau

The unintentional message is: Don’t chicken out on succession planning. University of Nebraska Professor Emeritus Dr. Ron Hanson injects humor into his talks about farm succession planning with chicken-related cartoons. In one cartoon a chicken tells another, “You’d better get out of the sun. You look done.”  

GA Solicitors 

Succession planning might well be one of the hardest decisions you have to make. However, it is vital that you make a plan for the succession of your farm on death or retirement as not addressing the issue now will make it a lot worse for those you leave behind. 

Sustainable Agriculture Research & Education

Farm succession planning is critically important for all farms. Preparing for such an important transition helps ensure that you achieve goals for the family and the farm. Succession planning can present challenges! There are many angles to consider. The point is to get started and keep going.

Elaine Froese: Expert in Successful Farm Transition

Farm succession or transition planning is a journey of understanding. Courageous and clear communication involves seeing things from another person’s perspective, uncovering their intentions, fears, hopes, and dreams for their future. 

Ag South Farm Credit 

You’ve probably got several New Year’s Resolutions – but we can bet that “develop a farm succession plan” isn’t one of them! Succession planning may not be the most exciting thing your family has ever done together, but it may be one of the most important. Do you family and your farm a favor - start the farm transition process soon!

AgTransitions

AgTransitions is a free web app designed to help you transition you business to the next generation. Step-by-step guide to help farmers develop a transition plan.
 

Estate Planning

How Making a Will Protects Your Land and Loved Ones
 

Farm Legacy Workbook

A workbook designed to help farmers navigate the succession process.
 

Planning the Future of Your Farm: A Workbook Supporting Farm Transfer Decisions

Workbook for those who want to keep their farmland in production or their family as it passes to the next generation.
 

Your Land, Your Georgia: Planning for your Legacy

A Getting Started Guide to Farm Transfer Planning