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Farm Succession and Estate Planning


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Who will succeed you in your business? Many families struggle with making succession plans. “Families say they don’t know how to start talking about farm succession. We ask them, ‘What do you have now? ‘and ‘Where do you want to go?’ to get started”, says Iowa State University (ISU) Beginning Farmer Center Farm Transition Specialist David Baker.

“The workshop is planned as a multi-generational event for exiting owners and spouses and succeeding owners and spouses”, says ISU Extension and Outreach Farm and Agribusiness Specialist, Kelvin Leibold.

Iowa State University Extension and Outreach is offering a Farm Succession and Estate Planning Workshop to help farm families begin those conversations and start putting transition plans on paper. Jerry Chizek, ISU Extension and Outreach Regional Director, says offering a farm business succession workshops is a result of needs expressed by area farm families.