Agriculture Succession Planning

Farm Succession Planning

Planning for a successful transition of your farm, whether to a family member or an outside buyer, requires careful thought and work. Not only is there land, equipment, buildings and possibly livestock to consider, there’s also your legacy.

Succession planning addresses concerns before they become major problems and, if it is a family farm, aims to bridge the gap between generations of farmers. Early planning allows time to consider legal obligations, taxes and family goals for a smooth and efficient transition. 

This workshop gets you started on the process and provides a framework to move forward with transitioning your farm. There are many variables to consider and each case is unique. We will walk you through the available resources and where our Agriculture Specialist can provide support.  

This one hour workshop is presented virtually on Zoom by our Agriculture Specialist, Nyree Marsh and Program Manager, Alison Bjorkman. Bring your questions and particular challenges, as this will be an interactive workshop. 

 We will cover: 

  • preparing your farm business for sale; 
  • tax, life and estate tips; 
  • critical issues 
  • settings goals; and 
  • starting valuable but sometimes difficult conversations with farm stakeholders 

 Who can benefit: 

  • farmers who are looking at transitioning their operation to the next generation 
  • farmers who are looking at selling outside the family 
  • farmers who are retiring 
  • farmers who have an agricultural business perhaps without land attached 
  • family members interested in entering the family farm operation 

Workshop Details:

Date: Monday, December 6,2021  12:00-1:00 pm Pacific Time / 1:00-2:00 pm Mountain Time 

Cost: Free, but pre-registration is required. This workshop is available to residents of the Columbia Basin. Not sure if you are in the region? Check out our map.

Workshop delivery: online using Zoom video conferencing. You will need a Zoom account and access to a computer with video, sound, microphone and ideally a webcam. Learn about Zoom here.

Registration confirmation: once registered, we will send you an email with the Zoom meeting information. Please note that sometime our emails go to the junk/ spam folder, so keep an eye on this folder.

Cancellation: if you need to cancel, email info@bbaprogram.ca with the pertinent details.

Questions: email info@bbaprogram.ca or call 1-855-510-2227.

If you prefer to work directly with our Agriculture Specialist, Nyree Marsh, apply for services here.

 


 

Workshop Registration: Farm Succession Planning

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