Completed Project Report


Preparing Oregon Family Farm and Ranch Owners for Management Transitions and Retirement Conversations

  • Award Amount: $40,000
  • Regional Center: Western Extension Risk Management Education Center
  • Grant Program: 2014 Education Projects

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Project Overview

Given the increasing age of Oregon’s principal farm operators, retirement of the senior generation was a focus for this succession planning workshop.  In this project, a two-session farm retirement workshop was designed and delivered in three locations, accelerating planning and structuring necessary family conversations. It required families to establish goals and timetables for transferring management roles and decision making authority from the senior to the junior partners. We targeted multigenerational families that are in the process of, or beginning to plan, a succession of the farm from an older generation to a younger one. Two or more generations from businesses were required to attend. Families engaged in structured activities, developed necessary agreements and shared goals to prepare for more technical legal and organizational planning often assisted by succession/estate planning consultants.

Number of Participants: 70

Outcomes

Project Steps

PROMOTIONAL MATERIALS

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EDUCATIONAL MATERIALS

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REPORTS & EVALUATIONS

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DELIVERY AREA

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