RESOURCE LIBRARY
Start the conversation on Farm Transition and Succession
Farm transition is one of the most important, and often most challenging, parts of farm life.
Whether you're just starting out or thinking about the next steps, this page brings together articles, insights, and conversations to help you navigate succession, planning, and change in agriculture.
Every farm transition is different, but one thing is consistent. It takes time, communication, and planning.
Here you’ll find a collection of resources that explore succession planning, family dynamics, financial considerations, and the realities of transitioning a farm from one generation to the next.
Articles & Insights on Farm Transition
Here you’ll find a collection of expert articles that explore succession planning, family dynamics, financial considerations, and the realities of transitioning a farm from one generation to the next.
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Reading time: 5 minutes
Even experienced advisors find succession planning challenging when it becomes personal
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Reading time: 5 minutes
Explores why many farmers delay succession planning despite available support.
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Reading time: 5 minutes
Why ongoing communication is key to successful transition planning.
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Reading time: 4 minutes
Explores options for farms without a clear successor.
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Reading time: 4 minutes
Why timing and structure matter when starting succession conversations.
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Reading Time: 4 minutes
Sibling business partnerships can offer a farm business unique advantages
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Reading Time: 4 minutes
Two in three Canadian producers don’t have a succession plan in place: report
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Reading Time: 3 minutes
Young farmers intending to take over the farm are urged to have wills and hire third parties to help with transition plans
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Reading Time: 3 minutes
One of the most significant concerns in succession planning for farmers is the tax bill that can come with passing the farm to the next generation.
Podcast Resources on Farm Transition
EPISODE 131
Impact Farming Farm Transition Part #1
Succession Planning w with Merle Good and Annessa Good
In this week’s episode, we will be speaking to Annessa Good and Merle Good in the first of a two-part episode about Farm Transition.
Merle is a Farm Business Management Consultant and has been working with farm families for decades. Annessa is a Farm Transition Advisor with Farm Credit Canada. We are excited to have this dynamic duo on the show this week because, as father and daughter, their unique situation allows them to bring a multi-faceted and multi-generational view to farm transition planning.
EPISODE 132
Impact Farming Farm Transition Part #2
Succession Planning w with Merle Good and Annessa Good
In this week’s episode, we will be speaking to Annessa Good and Merle Good about “Estate Planning,” in part two of our conversation on Farm Transition.
Part two picks up where we left off last week, so we highly encourage our audience to tune into that episode first and then return here for part two of this conversation. While the term "Estate Planning" sounds highly technical...don't be fooled. This episode is all about land values and transferring land (and other wealth) from founders to generation two.
Research & Tools on Farm Transition
Practical tools, insights, and research to help better understand farm transition and support planning decisions.
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An infographic outlining different stages of readiness for succession planning.
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This study explores what motivates or prevents farmers from beginning the succession process.
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This study examines stress factors and support needs experienced during farm transition.
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This study provides insight into common challenges farmers face when planning succession.
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Farm transition can bring uncertainty, stress, and difficult decisions. If you’re looking for support, you don’t have to navigate it alone.