Transition/Exit Plan

Planning for transitions or exits is crucial for farmers like you to ensure that your farm continues to thrive or smoothly transfers ownership when it’s time for you to step back. Transition planning involves setting goals for the future of your farm, whether it’s passing it down to the next generation, selling it, or exploring other options. It also includes outlining the necessary steps to achieve these goals, such as training successors, arranging finances, and preparing legal documents. With a clear transition plan in place, you can safeguard your farm’s legacy, minimize disruptions, and pave the way for a successful transition to the next chapter in your life.