Here are a number of useful resources you can go to begin the planning process and make farm succession and land transfer easier:
– Agweb hosts the Farm Journal Legacy Project which provides numerous resources for succession planning. Taking some time to browse this site is a great way to start thinking an learning about farm succession. Need encouragement to get started? Check out the Legacy Project 2010 Report. Register for Legacy Project Workshops – in Iowa, Nebraska, Wisconsin, Minnesota, and South Dakota. Help them help you… please have someone from each generation of your family take a few moments to participate in the Legacy Project Survey.
– http://www.passingdownthefarm.com/ hosts a blog, toolkit, and lots of useful information about estate planning, strategic business planning, and many other resources related to succession planning.
– University of New Hampshire Cooperative Extension has good information on How to Start Farm Succession Planning; How to Prepare the Generations; How to Talk about Farm Succession Planning; How to Transition from Discussion to Documentation; and How to Plan for Life After Farming.
– Iowa State University Extension’s Farm Management Page is a great starting point for resources on succession (and other farm business planning issues) including their Farm On Program; the Ag Link farm succession training program; and a number of useful On Line Publications about farm transfer, taxes, estate planning, buy-sell agreements, and much much more.
– Ag Transitions from The Center for Farm Financial Management and University of Minnesota is a comprehensive tool designed to help farmers & ranchers develop a plan to transition their business to the next generation.
– The Farm Transfer Network of New England is a collaboration between a number of universities, and if a fantastic place to find resources and learn where to get help with succession planning and other aspects of farm business and farm transfer.
– Land for good has a Farm Transfer Planning Program that offers facilitation, technical assistance, and training in all areas related to farm succession and transfer.
– Transferring Your Farm or Ranch to the Next Generation is a publication from Montana State University that talks about farm succession and has worksheets to help identify the issues and opportunities.
– Spokane, WA County Extension has a list of links useful Publications of Farm Succession Planning.
– The New Jersey Department of Agriculture has a Farm Transfer, Succession, and Retirement Planning Page which has a number of original publications and resources, and links to others.