Transition the Farm Business to the Next Generation

by Rory Lewandowski, OSU Extension Educator

Passing the farm business on to the next generation is not automatic. Failure to plan is a plan for failure. Successful farm transition requires preparation and planning. It takes time, effort, communication between family members and legal assistance. The Wayne County Extension office is offering a two-part farm transition workshop on Friday July 19 and Friday July 26 to help farm families with the farm transition process.

The location for the July farm transition workshop is the Secrest Arboretum Welcome Center located at 2122 Williams road, Wooster, near the OARDC campus.  The workshop will run from 10:00 am until 3:00 pm each day.  By attending the workshop, farm families will learn steps necessary for a successful farm transition, get a start on developing a transition plan for the future, discover ways to increase family communication regarding farm transition, and learn strategies on how to transfer management skills and the farm’s business assets to the next generation.

Thanks to support from our sponsors, Farmers State Bank, Wayne Savings Community Bank, Farmers National Bank and Farm Credit Mid-America, the registration fee for the workshop is only $25 for the first two persons from a farm business and $10 for each additional person from the same farm business when sharing a resource notebook.  Registration is limited to the first 50 persons with a registration deadline of July 12th.  Registration includes refreshments, lunch and a resource notebook.

An informational brochure that includes workshop instructors and agenda topics along with a registration form is available on the Wayne County Extension web site at http://go.osu.edu/2019WoosterFarmTransition.   Direct questions or requests for more information to the Wayne County Extension office at 330-264-8722.

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