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Farm Family Succession in the 21st Century

Farm Transfer Issues and Public Policy

Farm Family Succession in the 21st Century

An insightful overview of the farm family succession process, including history, current issues, and practical applications.

Richard J. Cressman
University of Guelph
2006, 35 pages

Farm Family Succession in the 21st Century

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Business Valuation Estate and Retirement Planning Family Communications, Goal Setting, and Assessment Farm Business, Financial and Tax Planning Farm Linking, Leasing, and Nontraditional Tenure Agreements Income Tax Services Land Use Planning, Conservation, and Community Development Legal Issues and Business Structures Other Public Policy, Research, and Public Education Succession and Transfer Planning Transfer Planning

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Testimonials

Worth it

It was worth it to hire professionals to guide us through the process.

L.A., Ashley Farms

Planning went well

Our planning went so well because we used experts and researched the alternatives carefully before deciding which way to go.

S.D., Heritage Hill Farm

Worthwhile Effort

If you … love the farm and want to see it remain as a farm, then developing a method of transfer … is a worthwhile effort.

A.F., Suydam Farms

Farm Transfer Planning

Farm transfer planning can work, but it has to be done right and with the right people.

E.J., Johnsen Farm
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