A recent study by the University of New England looks at the role a daughter-in-law plays in family farming and succession planning. Our latest blog looks at this research and discusses gender roles and legal concerns, along with expert insights from Maggie Orman. Discover how inclusive practices and early planning can help preserve farming legacies and ensure the success of future generations.
Read MoreMaggie was invited to share her insights on Farm Succession Planning on the ABC drive show with Lindsay McDougall. In the interview Maggie discussed why it’s important to “begin with the end in mind” when looking at Farm Succession and to start the process early to navigate through this often complex process. Have a listen to the replay.
Farming succession, is the process of transferring ownership, management and operation of a farm from one generation to the next. This multifaceted transition involves the transfer of not only physical assets, such as land and equipment. But also, the knowledge and skills that define a family's agricultural legacy. Navigating farming succession requires careful planning, communication, and thoughtful consideration of financial, legal, and emotional impacts to ensure the seamless continuation of a farming enterprise.
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