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Farm Transition Planning
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? - Dr. Alex White, Virginia Tech
- Goals - Dr. Megan Seibel
- Business Arrangements - Jesse Richardson, West Virginia University
- Profitability - Dr. Doolarie Singh-Knights, West Virginia University
- Estate Planning - David Marrison, Ohio State University
- Transition - Dr. Alex White, Virginia Tech
- Transition Timeline - Dr. Alex White, Virginia Tech
Watch the series of 7 videos below. Use the drop-down menu in the upper left corner to move between different topics.
- Farm Transition Planning Resource Guide
Click to download the two-page guide for Farm Transition Planning
- 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
Your Complete Guide to Farm Succession Planning - Farm Bureau Financial Services
Farm Transition and Legacy Planning - North Carolina State Extension
Legacy Planning for Forest Landowners - Virginia Cooperative Extension Resources
Virginia Farm and Forestland Legacy Planning Attorneys - Virginia Cooperative Extension
Planning the Future of your Farm - Downloadable Workbook from Virginia Cooperative Extension
IMPORTANT NOTICE AND DISCLAIMER
These materials are provided for educational and informational purposes only and do not constitute legal, financial, tax, or investment advice on any matter. We do not warrant that the materials provided are current and up-to-date with applicable laws and practices. You should not act or refrain from acting based on these materials or the information they contain without seeking legal advice from an attorney licensed in your jurisdiction or other appropriate professional. To the fullest extent provided by law, Farm Credit of the Virginias, ACA will not be liable for any loss or damage caused by your reliance on these materials or any information contained in these materials. Your use of the materials is at your own risk, and by accessing the materials, you hereby waive and hold harmless Farm Credit of the Virginias from any claims resulting therefrom.
