Succession Planning

Half the farmland in the U.S. is owned by individuals who are at least 65 years old. Are you ready for a farm transition? Ohio Farm Bureau has information on the Beginning Farmer Tax Credit Program, tips on how to start the farm succession conversation, and much more. Also, Nationwide’s Land as Your Legacy transition planning program can help develop a transition plan to protect the future of your business and your family. Farm Bureau helps members achieve their best farm future.

Make the time to develop a transition plan

A transition plan will help you ensure that your (and your family’s) wishes are met, emotional stress is minimized, and financial risks and opportunities are addressed.

Ohio Farm Resolution Services are ready to help

The group can help with farm transitions, farm lease agreements, land use zoning issues and farm business consultation.

Across the Table: The most important conversation

What does the future of the farm look like when the older generation is no longer a part of what happens day to day?

Navigating the next chapter in a farm’s future

American Farmland Trust hopes its new national program, Land Transfer Navigators, will protect family farms and stem the flow of farmland to nonagricultural uses.

Planning with peace of mind in Jefferson County

The Wetherell family is planning for the future of their farm while simultaneously making sure its current needs are met, with the help of Illumination Financial Group.

Good start: Farmer takes advantage of new program

Trevor German is the first beginning farmer to complete a transaction through the new Ohio Beginning Farmer Tax Credit Program.

A legacy that keeps living

It was the fervent wish of Ron and Denny Smith’s father, Forest, that the original Smith Family Farms in Ashland County, stay in the family.

Growing our Generation: Jolene Brown

Brown was the keynote speaker at the 2024 Winter Leadership Experience. Her focus is on helping families learn what it takes to transition the farm to the next generation.

Our Ohio Weekly: Family Farm Mediator Andy ‘Caygeon’ Junkin

Andy ‘Caygeon’ Junkin is helping many farms by doing the heavy lifting for weighty succession conversations. Junkin is widely recognized as the leading expert on farm succession and farm debt turnarounds.

Investment in succession planning pays off

Alisha Morgan is passionate about succession planning because without that plan in place, the emotional and financial tolls that came their family’s way could have resulted in the loss of their farm.