In the next 15 years, many farms across the country will transition from one generation to the next. How that transition happens could be the difference between a farm continuing successfully, or not continuing at all. That is why farm transition and succession planning is so important, and why we completed an entire video series of experts covering different aspects of transition and succession.
The series of videos covers:
- What is Transition Planning?
- Tax Considerations
- Personalities and Team Work
- Business Arrangements
- Business Entities
- Non Farm vs. Farm Involvement
- Estate Planning
- Transition Timeline
Watch the series of 12 videos below. Use the drop-down menu in the upper left corner to move between different topics.
- Farm Transition Planning Resource Guide
- Farm Transition Planning Workbook
Are you ready to begin planning? Request a copy of the Farm Transition Planning Workbook today! Contact your Farm Credit of Virginias loan officer for more information.
- Additional Resources
Understanding Farm Transition Planning - Blog article
Planning the Future of your Farm - Downloadable Workbook