The long-term future of local farms and ranches depends on families talking and planning together. Among 742 farmers and ranchers in Nevada County, 35% are age 65 or over, and 5.7% are under 35 years of age, according to the 2012 USDA Ag Census. Many families face questions about how to retire and sustain their farms and ranches.
California FarmLink launched the “Agrarian Elders and the Next Generation Project” to create solutions for farm and ranch families looking for retirement options, and to preserve local farm and ranch businesses.
Together California FarmLink, Nevada County Resource Conservation District (RCD, and the Nevada County Farm Bureau, present the workshop “Agrarian Elders: Planning for Succession”.
Agrarian Elders: Planning for Succession
Wednesday, March 15 from 10:00 am to 3:00 pm
Grass Valley, location announced upon registration
California FarmLink and its partners invites farmers and ranchers of all generations, their off-farm heirs, or non-family successors, to join for learning and discussion. The workshop will offer insights on estate and tax planning, transfers of land and farm businesses, goal-setting, and family communication. By attending the workshop, participants will understand:
1) basic components of farm succession planning and how to get started,
2) key financial risks in retirement planning and how options like financing, leasing, or easements can help,
3) first steps for analyzing and valuing your farm business, and
4) resources and advisors available to help this process along.
Speakers at the workshop include:
Rod Carter, Agriculture and Business Professionals, Inc.
Margaret Fulton, Robinson & Fulton Law
Kate Sassoon, Sassy Facilitation
Liya Schwartzman, California FarmLink
California FarmLink is a nonprofit organization founded in 1999 to link farmers and ranchers with the land and financing they need for a sustainable future. With a focus on small, organic and family farms, it has assisted thousands of beginning farmers and landowners to create and sustain successful farm and ranch businesses.
This material is based upon work supported by USDA/NIFA under Award Number 2012-49200-20030
with additional support from Clif Bar Family Foundation, Farm Aid and the UNFI Foundation.