Ag Transition Partners launches new approach to transition planning

Ag Transition Partners, a group of educators and agricultural consultants, is launching a no-cost farm transition planning project that includes webinars, on-site or virtual coaching, and action plan templates.

The project's multi-layer approach sets it apart from other planning processes, better helping farm families ensure the legacy of their operations.

According to some studies, about 70 percent of farms and farmland will transition ownership in the next 20 years and fewer than 50 percent of farmers have estate plans. Fewer than 70 percent have named successors; and fewer than 11 percent have farm business transition plans in place. The consequences of a failure to plan can be severe.

The project is being supported by the American Agri-Women, along with Michigan and Minnesota Agri-Women and Wisconsin Women for Agriculture. Financed by North Central Extension Risk Management Education Center and the U.S. Department of Agriculture's National Institute of Food and Agriculture, this project is free for participating farm families and is made possible through a grant from

Interested people can obtain more information by signing up for the webinar that will happen at noon Central time on Aug.18 entitled "Farm Transition: Planning for Success I - Getting Started."

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U.S. Department of Agriculture

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