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Business Family Farm Farming Multigenerational Farming Succession Planning

Multigenerational Farming: Why It Works

Farms used to be passed along throughout generations by default. It simply made sense that parents would pass a family farm along to their children, who had grown up participating in farm life. Although the practice of maintaining multigenerational farms is less common now, maintaining a multigenerational farm still has benefits for the family, the […]

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Family Farm Farming Multigenerational Farming Succession Planning

Valentine’s Day and Farming: Protecting a Legacy and Labor of Love

Valentine’s Day is here and that means that love is in the air… And as you celebrate the hearts that make yours skip a beat, don’t forget to celebrate the farm – that living, breathing, heart-beating thing that pulls you all together and gives you all a shared purpose that is so much bigger than […]

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Business Family Farm Farming Multigenerational Farming Succession Planning

It is Never too Soon to Start Talking about Succession Planning for the Family Farm

You’ve worked hard to keep your farm alive. You’re proud of it. It’s like a child to you. And, like any child, you think about its future. You want what’s best for it, and you want to ensure it will be in safe hands after you’re gone. This farm is your legacy. It is years […]

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Farming

Conservation Easements for Agricultural Land

Conservation easements are a powerful tool to protect farm and ranchland from development and keep it in the family. How do they work? Each conservation easement is a legal agreement that binds to the land into the future. It becomes part of the title of the land. Depending on the reason for the easement, different […]

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Family Farm Farming

Keeping the Family Farm in the Family: Give the Gift of Legacy This Christmas

Isn’t it truly amazing that it only takes a twinkle of clear lights strung around a fir tree to ignite wonder in the eyes and hearts of our children and grandchildren? Baking sugar cookies around the breakfast table, wondering if every light up in the sky is Santa’s sleigh approaching, a single snowflake falling to […]

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Business Family Farm Farming Successful Farming

3 Tips For Reducing Tension on the Farm

Farm life isn’t known for being easy. Yet, there are also rewards like knowing that instead of a stressful commute you are heading into the sun-kissed fields. When tension strikes, it is important to address it right away because everyone knows that nothing is so important that it should come between a farm family. Use […]

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Family Farm Farming Multigenerational Farming Succession Planning

In a Family with Multiple Siblings, Who Inherits the Farmland?

“10% of Farmland Expected to be Transferred by 2019.” This is the title of an article on the Wisconsin Ag Connection website that points out the overall advanced age of U.S. farmers. Approximately a third reached the age of 65 in 2014. By 2019 farmland owners are projected to transfer 93 million acres, mostly though […]

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Family Farm Farming Succession Planning

I Give Unto You: Keys of Multigenerational Farming

The farm is not only a homestead, but a living heritage and a coveted inheritance. It is something that many of you were given as a birthright and you probably plan on giving it to your own children in turn. As times, customs, and priorities  change over each generation, the older farmers sometimes struggle to […]

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Family Farm Farming

3 Benefits of The Family Farm

The concept of the family farm used to be a very commonplace staple in American culture. Today family owned and operated farms are less common but still an increasingly important part of human culture, both domestic and worldwide. Encouraging more families to take part in family farming has many benefits. It Teaches Cause and Effect Often in […]

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Business Family Farm Farming Multigenerational Farming Succession Planning

3 Questions to Ask Yourself About Bequeathing the Family Farm

It’s never too soon to decide who will care for the family farm when you are ready to pass the torch to the next generation. Unfortunately, it is a conversation all to often postponed until it’s too late. A recent article on estate planning notes that, “Individuals put off estate planning because they think they don’t own […]

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