Most farmers want their land to stay in agriculture, but very few have plans in place that articulate how the land, equipment, business, and other assets will be divided among the next generation or unrelated operator. Succession planning can present challenges, and each situation is unique. Land For Good has helped hundreds of farmers find innovative solutions that keep their farms in farming, whether they have an identified successor or not.
The Farm Succession School hosted by Land For Good, in partnership with Connecticut Department of Agriculture and UConn Extension, is a three-session winter course with curriculum designed to help senior farmers think through the many aspects of succession planning, clarify vision and goals, get next steps on paper, and review necessary documents to provide for a smooth transition. Sessions include ample time to share and learn from other farmers facing similar questions. Farmers do not need to have an identified successor to participate in this course. The Farm Succession School will take place at the Tolland County Agricultural Center, 24 Hyde Avenue, Route 30, Vernon, meeting January 24, February 28, and March 28. Learn more and register.
Additional support opportunities are available. A free live webinar series for transitioning farmers and junior generation farmers will offer the basics of succession planning, like how to get started, where to find advisors and resources, ask questions, and get help. All generations, including family and non-family members, who may play a role in the farm’s future are encouraged to attend. This online four-part series meets weekly, beginning January 18. Learn more and register.
Land For Good also offers one-on-one advising to help farmers start, continue, or complete their farm succession and address the financial, legal, and business challenges involved in transferring a farm to a next generation family member or unrelated successor. Costs vary depending on farmer needs and available funding, with always a sliding scale option. Learn more or call 603-357-1600 to initiate a no-cost informational session.
“This work is supported by the Farm and Ranch Stress Assistance Grant, grant no.: 2021-70035-3555, from the U.S. Department of Agriculture, National Institute of Food and Agriculture, administered by the Connecticut Department of Agriculture.”