The Regenerator: A Year of Farm Succession Planning
Are you a farmer or rancher planning to retire, and wondering what will happen to your land and business?
Thinking about the future can be difficult. We’re here to help.
A comprehensive program to generate a plan and support the process of transferring farm ownership and management. Each farm or ranch forms a “planning team” of up to eight people to participate in the yearlong process.
Starting November 2023
With the help of skilled professionals, this course will empower your family or business partners to navigate the succession planning process. Your completion of course milestones can result in additional resources - up to $1,600 - to work with professionals, such as attorneys or accountants, to help establish your succession plan.
The Regenerator takes a multi-faceted approach to farm succession planning. Participants will work with their own farm operators, identified successors, and family members to create a personalized succession plan. Monthly meetings will feature in-depth presentations by professionals covering a range of topics including:
Participants will gain an understanding of the essential components of a good farm succession plan, strategies and creative tools to reach goals, and a plan that’s ready to launch. California FarmLink’s intention is to build farmers’ resilience by facilitating plans that will sustain farms and ranches into the next generation.
“For the family, the thing that everyone got out of this was the time and the space and the professionals...what The Regenerator has set us up for is not having to spend X amount of years getting to where the program got us in one year.”
Who should apply?
As part of their participation, planning teams will be eligible to receive financial assistance to meet with preferred business professionals to help establish their plan. Upon the completion of course milestones, teams may be eligible to receive a $1,600 subsidy towards service providers of their choosing. The goal is to get the help teams will need to complete their succession plans. In addition to this support, participants benefit from the resources and support of FarmLink staff throughout the program and beyond.
This course is generously sponsored by: