Multi Generation Farm Transition and Estate Planning

Beginning or transitioning farmer? Learn more and discover resources to help you take the next step.

Farm Transition & Estate Planning Webinars

University of Minnesota Extension presented four webinars on Introductory
Farm Transition & Estate Planning and topics included the following:

*Developing your farm transition goals and assembling your “team”

*Wills, trusts, ownership titling—what does it all mean?

*All things tax: gifting, selling, and transferring

*Putting the basics together: estate, retirement, healthcare, and business transfer planning

2024 Multi-Generational Farm Transition Retreat

Join us for hands-on planning and discussion for the farm family! All generations actively
involved in the farm should attend the retreat together, including spouses, partners and/or
other relevant parties. Pick the location most convenient for your family for this FREE event.

Attend to dive deeper into conversations about: family and business goals, job responsibilities, financial needs of farms and families, inheritance considerations, and mechanisms of transfer.

The workshop will be in three locations:
Mankato – Friday, February 23: 5pm – 8:30pm & Saturday, February 24: 8:30am – 4:00pm
St. Cloud – Friday, March 8: 5pm – 8:30pm & Saturday, March 9: 8:30am – 4:00pm
Crookston – Friday, March 31: 5pm – 8:30pm & Saturday, April 1: 8:30am – 4:00pm

For more educational resources on farm transition and estate planning visit z.umn.edu/farmtransition. Questions or comments? Contact us.

Farm Transition Newsletters

How to Start Our Farm Succession

Making the Most of Your Goals

For assistance with difficult family transition conversations please contact Ted Matthews or Monica McConkey, MN Rural Mental Health Specialists.

Beginning & Transition Farmer Resources

Minnesota State Farm Business Management Program

Beginning & Transition Farmer Resources

Beginning Farmer Tax Credit

MN Farm Link Program

Financial Assistance and Loans

Minnesota Farm Safety Resources

Minnesota ROPS Rebate Program

Commodity Marketing video