farm succession

Passing the farm on to the next generation can be very challenging if proper planning doesn’t take place. To help, University of Idaho Extension will host a succession workshop

Farmers from across Northwest Washington will fill the Washington State University Northwest Research Center Friday for a day focused on local farming and water issues.  Don McMoran, Director WSU Skagit County Extension, says Friday’s Summit starts at 8:30 a.m. focused on i...

Succession and farm transitions are a challenging topic that takes a lot of preparation.   “There's two that are most important," noted Tim Cobb, owner and President of Spokane-based Farmland Company.  "That's an operational management transition as well as an ownership transition, and those items don't normally happen at the same time. When you talk about...

In an effort to help Idaho farm families transition to the next generation, the Idaho Farm and Ranch Center will offer a free Succession Planning Course.  The on-line course allows producers to learn the necessary steps to pass your farm or ranch onto the next generation.     ...

More than 50% of Americans think having an estate planning is at least somewhat important, but only 33% have a will or living trust.  According to AARP’s Sen Voskuhl, estate planning is even more important for farmers as it decides the future of the farm.  Without a goo...

Northwest Farm Credit Services is hosting a retreat in January focusing planning for the future of your farm or ranch and how to transition into retirement.   Carl Sohn said it’s often one of the top issues they hear about from farmers.   “...

A recent report issued by Oregon State University, Portland State University and Rogue Farm Corps says 64 percent of the state’s farmland will have new owners in the next 20 years.   That’s why there will be a series of farm succession workshops throughout October and November, something ODA Land Use Specialist Jim Johnson will be extremely useful.   “A hand...