University of Maryland Extension

Farm Transition Tools

Photos by Edwin Remsberg

Farm transition planning is an important part of your farm.  The goal is often passing the farm on to the next generation to manage.  But this can be a difficult process that will require a great deal of communication, financial considerations, and business planning.  This transition plan will require some work from you and those who will take over the farm.

We realize many of you may not want to begin thinking about this, but it is essential to ensure that your farm will continue on with the next generation.

Resources available to assist you include:

Recorded Webinar

Family Farm Transition Webinar presented by Shannon Ferrell, Associate Profession, Oklahoma State University Department of Agricultural Economics.  Recorded on June 9, 2015.

Additional Resources

  • AgTransitions from University of Minnesota's Center for Farm Financial Management.  Is a tool to provide farm families start beginning developing their transition and estate plans.  Allows you to share the information you input with professionals you are working with.
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