; Helping Farm Families Mitigate Transition and Estate Risk through OFRS and FARMs | Library | AgRisk Library

Open in new window Helping Farm Families Mitigate Transition and Estate Risk through OFRS and FARMs

David L Marrison ( 2025 )

Summary

Ohio is home to over 76,000 farms and 13 million acres of farmland, with farm transition to the next generation being one of the most significant challenges to the long-term viability of these operations. To help mitigate this risk, two major initiatives were launched in 2023. The first is the Ohio Farm Resolution Services (OFRS), established to address the conflicts impacting Ohio's farms and farm families. Funded by the USDA Farm Service Agency’s Certified Mediation Program, OFRS develops educational materials and offers conflict resolution services through Ohio State University Extension’s legal and farm management specialists, alongside formal mediation options. Since its inception in October 2023, OFRS has conducted 56 consultations, with 77% addressing farm transition issues. The second initiative, the Farm and Resource Management Spreadsheet (FARMS), was developed to assist farmers in planning for farm transitions and estate management. Launched in December 2024 after its creation in 2023-2024, FARMS enables farmers to collect crucial information for transition and estate planning.


Details

Organization Ohio State University Extension
Publisher Ohio State University Extension
Publication Date 2025
Publication Views 49
Material Type Presentation

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