Project Overview
The goal of
this project was to gather and update the existing farm transition resources to
develop of series of robust, interactive workshops to help Maryland farm
families manage legal and financial risks associated with farm succession and
transition planning.
These
workshops covered a wide variety of topics associated with transition planning,
including taxes, tools like trusts and wills, and communications skills. The
workshops also included discussions, case studies, and worksheets to engage the
participants more deeply. Presenters also tried to create a comfortable
atmosphere to discuss these difficult topics through humor, sharing personal
stories, and encouraging participants to respond to others with empathy and
understanding.
The team held seven workshops in Maryland and one in Delaware
at the Women in Agriculture Conference. The team also led two webinars. The
team wrote and updated eleven fact sheets and publications on different farm
transition topics.
After
attending the workshops, almost 90% of participants agreed and strongly agreed
that transition planning was important to their farm. Over half of respondents
reported holding a full or partial family meeting to discuss farm transition
goals. About half of respondents reported either completing a transition plan
or beginning to take steps toward completion.
Number of Participants: 120
PROMOTIONAL MATERIALS
There are no promotional materials available for this project.
EDUCATIONAL MATERIALS
There are no educational materials available for this project.
REPORTS & EVALUATIONS
There are no reports or evaluations available for this project.