Episode Summary

In this episode, we tackle the topic of succession planning for family farms.  From financial concerns to family dynamics, and the sheer weight of ensuring the farm continues, the stress of succession planning can take its toll. Our guest, Joy Kirkpatrick, a seasoned professional in farm management and succession planning, shares expert advice on how to navigate the often complex process of transferring farm ownership and leadership to the next generation. We discuss strategies for building the skills of successors, planning what is next for the owner generation, the importance of clear communication, and how to address the financial, legal, and emotional aspects of succession. This episode will offer valuable insights to help you plan ahead and make informed decisions about the future of your farm.

Episode Resources

Cultivating Your Farm’s Future Program, University of Wisconsin-Madison, Farm Management Division of Extension Webpage

Cultivating Your Farm’s Future: Workbook for Farm Succession Planning, University of Wisconsin-Madison, Farm Management Division of Extension

Farm Succession Planning – Conversations to Strengthen Farm & Family, Penn State Extension (Kaplan M, Becker J, Nussbaum J, O’Sullivan A)

“Farm Succession Planning with Jennifer Wetzel of Mette, Evans, and Woodside Attorneys At Law”, Farm Stress Real Talk with Penn State Extension [Podcast Episode]

“Real Talk: Farm Succession Planning”, Penn State Extension, Jill Varner [Article]