Succession planning isn’t just about who takes over. It’s about whether your land stays in agriculture at all.
In June 2025, the Linking Agriculture and Aquaculture Farm Vitality and Health Forum was held to connect agriculture, aquaculture, and health care community members and to discuss the physical, ...
Farm Journal is celebrating the next generation of American agriculture. Our goal is to encourage you to plan for the future and cultivate multigenerational success through the transfer of skills and ...
Farm transition planning is often the elephant in the room during holidays and family gatherings. The conundrum of how to effectively pass a legacy on to the next generation is one that every ...
University of Delaware Cooperative Extension has recently taken an alternative approach to offering farm succession planning workshops. In cooperation with the University of Maryland Agriculture Law ...
Succession planning is often treated as a legal or financial exercise — a “simple” matter of wills, taxes and transfer dates. Yet for family-owned farms and agribusinesses, it’s something deeper: the ...
WEST LAFAYETTE, Ind. - Family farmers can get tips from Purdue University specialists on business communication and dealing with accounting and legal issues during a succession planning program ...
A common misconception in farm estate and succession planning is that an estate plan is only used after an individual passes away. In truth, a comprehensive estate plan should also provide for ...
Why farming families may need to look beyond the farm to protect wealth, support succession planning and build financial security for future generations.
A family farm dating back to 1777 has received a $65,000 grant to upgrade infrastructure and technology, reduce costs and improve efficiencies of scale. Betsy (Briggs) Bullard and her husband, Bill, ...
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Business planning has always been part of the core of successful organizations. From startups to Fortune 500 companies, a robust business plan lays the foundation for growth, competitive advantage, ...