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Succession/Transition

Ag Transitions (University of Minnesota) https://www.agtransitions.umn.edu
AgTransitions helps farmers & ranchers develop a plan to transition their business to the next generation.

International Farm Transition Network (IFTN) http://www.farmtransition.org
The goal of the network is to support programs that foster the next generation of farmers and ranchers.

Iowa State University Extension Beginning Farmer Center www.extension.iastate.edu/bfc
Programs and services that develop skills and knowledge in financial management and planning, legal issues, tax laws, technical production and management, leadership, and sustainable agriculture.

Planning the Future of Your Farm (Virginia Edition) http://pubs.ext.vt.edu/446/446-610/446-610.html
A workbook supporting farm transfer decisions. Created and edited by Robert Andrew Branan, Attorney for the Virginia Department of Agriculture, Virginia Cooperative Extension, Virginia Tech, and Virginia State University. Please ensure you seek professional input for your state of residence in regards to information that changes across state borders, i.e. tax information.

Succession/Transition Facilitators

Region 1

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Region 2

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Region 3

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Region 4

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Region 5

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Region 6

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Region 7

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Documents:

Before You Transfer - Answer these questions honestly before you start the transfer process.

Business Transition Plan - Checklist of potential objectives to incorporate into the business transition plan.

Children as Partners - An honest evaluation to know if this is a possibility for the farm.

Conservation Alternatives - Voluntary conservation easement options for your farm.

Developing Your Agreement - Items to include in your business agreement

Estate Planning Primer - a list of family objectives to consider, others maybe included as well.

Family Farm Questionnaire - Items to consider as you consider transfer of the farm.

Harmony Test - Questionnaire to evaluate areas which may need work.

Hiring - Items to have in place to assist with hiring.

Orderly Exit - Items to consider as you consider exiting farming.

Parents as Partners - An honest evaluation of the possibility of partnering with parents.

Retirement Planning - Items to consider while planning for retirement.