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  • Legalities of leaving a family legacy
  • Article

    Legalities of leaving a family legacy

    Tim Hicks | Posted on

    June 18, 2025



    Ohio farm scene
    Tim Hicks
    Tim Hicks, Nationwide field services director for Ohio Farm Bureau

    Half the farmland in the U.S. is owned by individuals who are at least 65 years old, and many families don’t have a farm transition plan in place – or even know where to start.

    Ohio Farm Bureau has information on programs and tips on how to start the farm succession conversation, as do several of the organization’s partners. Our legal team can point members in the right direction.

    Land As Your Legacy

    As Ohio Farm Bureau’s Heritage Partner, Nationwide helps protect the financial security of farms, families and futures with its Land As Your Legacy transition plan program.

    The Land As Your Legacy team partners with a farm family’s team of financial, legal and tax professionals to help map out a plan for future generations. At no cost, Nationwide will develop a transition plan focused on helping protect the future for the business and the family.

    Nationwide’s team of legal and tax professionals can help ensure the successful transition of a family business from one generation to the next and preserve the legacy that’s been built. 

    Ohio Farm Resolution Services

    If it was as simple as everyone with a vested interest in the family farm coming together to plan the next steps for its future, everyone would do it. Often, it’s not that simple.

    With over 76,000 farms and 13 million acres of diverse farmland in Ohio, conflicts commonly arise that can lead to disputes within families and can cause harmful effects that threaten the viability of Ohio agriculture.

    The goal of Ohio Farm Resolution Services at The Ohio State University is to cultivate solutions to the conflicts that impact Ohio’s farms and farm families.

    Established in October 2023 with funding from the USDA Farm Service Agency’s Certified Mediation Program, the program serves Ohio agriculture with a three-pronged approach to helping resolve farm conflicts that includes educational resources on Ohio farm conflict issues, conflict resolution and consultation services by OSU Extension legal and farm management specialists, and formal mediation services by trained mediators. 

    KEY POINTS

    • More than half of the nation’s farmland is owned by those 65 or older.
    • Farm transition planning is essential to the future of a farm and the industry.
    • Farm families have resources to help them establish transition plans.

    WHAT’S NEXT
    While the transfer of assets is often talked about when it comes to creating a succession plan, the transfer of knowledge is equally as important. A recent Ohio Farm Bureau Podcast featured experts from Wright and Moore who shared tips on successful succession plans and the timing for moving assets to the next generation. 

    New and beginning farmers
    My first recommendation in your journey is to start out with a local farming friend or mentor along with joining an organization like Ohio Farm Bureau.
    Greg McGlinch's avatar
    Greg McGlinch

    Darke County Farm Bureau

    Growing Tomorrow Grant
    We’re just so thankful for the Farm Bureau and the foundation for helping put this together. And of course, the Boyert family for the vision they had with this grant. It’s jumping us forward 10 years. It’s unbelievable.
    Nathan and Jill Parriman's avatar
    Nathan and Jill Parriman

    Clermont County Farm Bureau

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    I could not have done it without the resources I have found through Farm Bureau.
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    Gretchan Francis

    Trumbull County Farm Bureau

    Youth pathways in Farm Bureau
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    Wyatt Morrow

    Clinton County Farm Bureau

    Giving farmers a voice
    The issue of property taxation remains as one of the biggest challenges our members face today. Ensuring agricultural property is valued for its agricultural potential and not development is critical to the continued success of Ohio agriculture.
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    Matt Aultman

    Darke County Farm Bureau

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    Advocacy
    So many of the issues that OFBF and its members are advocating for are important to all Ohioans. I look at OFBF as an agricultural watchdog advocating for farmers and rural communities across Ohio.
    Mary Smallsreed's avatar
    Mary Smallsreed

    Trumbull County Farm Bureau

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    Ohio Farm Bureau Federation is a member of American Farm Bureau Federation®, a national organization of farmers and ranchers including Farm Bureau® organizations in 49 other states and Puerto Rico, and is responsible for Farm Bureau membership and programs within the State of Ohio. Ohio Farm Bureau Federation programs and services are available only to Farm Bureau members within Ohio. The political views expressed in these pages represent Ohio Farm Bureau Federation's positions on various issues as they relate to Ohio. The positions of the national Farm Bureau organization collectively are expressed through American Farm Bureau Federation. Any opinions, statements or views expressed through comments or by outside contributors are the express views of those individuals and do not necessarily represent the views of the Ohio Farm Bureau Federation.

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    Ohio Farm Bureau Federation is a member of American Farm Bureau Federation®, a national organization of farmers and ranchers including Farm Bureau® organizations in 49 other states and Puerto Rico, and is responsible for Farm Bureau membership and programs within the State of Ohio. Ohio Farm Bureau Federation programs and services are available only to Farm Bureau members within Ohio. The political views expressed in these pages represent Ohio Farm Bureau Federation's positions on various issues as they relate to Ohio. The positions of the national Farm Bureau organization collectively are expressed through American Farm Bureau Federation. Any opinions, statements or views expressed through comments or by outside contributors are the express views of those individuals and do not necessarily represent the views of the Ohio Farm Bureau Federation.

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