Three new (free!) publications from Land for Good are designed to help “senior” and “junior” farming generations get the farm succession process going, from setting goals to understanding legal and financial terms used in farmland and business transfers.
Farm Succession and Transfer: Strategies for the Junior Generation focuses on the beginning farmer’s side of land transfer. The guide walks you through the entire process, including technical information like the types of transfer, legal issues that need to be resolved as a contract is worked out, types of agreements to use, and how to develop contingency plans.
The second two guides complement the “Junior Generation” guide, with one for senior farmers and one for service providers who will have a role in the process.
All guides available for free. Land for Good has a variety of resources for those looking to lease or acquire farmland, including an online course in Acquiring your Farm. Visit the Land for Good website at http://www.landforgood.org.