; Research Based Farm Business Succession Planning | Conferences | AgRisk Library


Conference Name Research Based Farm Business Succession Planning

John Baker and David W. Baker


According to the ERS definition 98% of all US farms are family farms and there are twice as many farmers over the age of 65 as are under the age of 35. The farm population is aging and there will be a tremendous intergenerational transfer of farm business assets within the foreseeable future. The Beginning Farmer Center researched the needs of farm families as they develop farm business succession/transfer plans and has develop educational approaches that address the farmer identified needs. The Center has also collaborated in the development for a farm business succession planning facilitation manual to assist extension educators and others in their work with farm families.
The co-presenters will detail the research and describe the educational approaches that have been developed based upon the research. The will also discuss the facilitation manual.