{"id":22930,"date":"2021-06-15T08:23:49","date_gmt":"2021-06-15T15:23:49","guid":{"rendered":"https:\/\/plantingseedsblog.cdfa.ca.gov\/wordpress\/?p=22930"},"modified":"2021-06-15T08:23:49","modified_gmt":"2021-06-15T15:23:49","slug":"california-farmlink-offers-course-on-succession-planning-for-farmers-and-ranchers","status":"publish","type":"post","link":"https:\/\/plantingseedsblog.cdfa.ca.gov\/wordpress\/index.php\/2021\/06\/15\/california-farmlink-offers-course-on-succession-planning-for-farmers-and-ranchers\/","title":{"rendered":"California FarmLink offers course on succession planning for farmers and ranchers"},"content":{"rendered":"\n<p>Of all the challenges farmers face year after year, the most daunting challenge may be figuring out how to navigate the<strong>&nbsp;farm business succession<\/strong>&nbsp;process. If you\u2019re a farmer or rancher planning to retire in the near future, the path toward a successful farm land and business transition may seem insurmountable.&nbsp;<\/p>\n\n\n\n<p>Retiring farmers with identified successor generations, related or not, are invited to&nbsp;submit&nbsp;an application to participate in&nbsp;California FarmLink\u2019s new succession program,&nbsp;<strong>The Regenerator: A Year of Farm Succession Planning<\/strong>. This 12-month course, starting in November near Sacramento, will work with a small cohort of farm families and their successors \u2013 \u2018teams\u2019 \u2013 to generate plans that support transition to the next generation. Participants will convene monthly to learn from professionals, compare notes with their peers, and work step-by-step to plan for their financial and family well-being, and the health and continuity of their working farms and ranches.<\/p>\n\n\n\n<p><strong>The Regenerator<\/strong>&nbsp;takes a multi-faceted approach to farm succession planning. Participants will work with their own farm operators, identified successors and family members&nbsp;to create a personalized succession plan.&nbsp; Monthly meetings will feature in-depth presentations by professionals covering a range of topics including:<\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Communication, intention setting and team-building<\/li><li>Business valuation, structure, and transition of management<\/li><li>Retirement, estate and tax planning<\/li><li>Farmland conservation planning<\/li><li>Creative approaches and financing strategies for land and business transfers<\/li><\/ul>\n\n\n\n<p>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\u2019s ready to launch. California FarmLink\u2019s intention is to build farmers\u2019 resilience by facilitating plans that will sustain farms and ranches into the next generation.<\/p>\n\n\n\n<p>Applications for the course are due July 1. <\/p>\n\n\n\n<p><a href=\"https:\/\/www.californiafarmlink.org\/succession\/\">Read more here, including a link for applicants <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Of all the challenges farmers face year after year, the most daunting challenge may be figuring out how to navigate the&nbsp;farm business succession&nbsp;process. If you\u2019re a farmer or rancher planning to retire in the near future, the path toward a &hellip; <a href=\"https:\/\/plantingseedsblog.cdfa.ca.gov\/wordpress\/index.php\/2021\/06\/15\/california-farmlink-offers-course-on-succession-planning-for-farmers-and-ranchers\/\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":12,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[1],"tags":[],"class_list":["post-22930","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\r\n<title>California FarmLink offers course on succession planning for farmers and ranchers - CDFA&#039;s Planting Seeds Blog<\/title>\r\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\r\n<link rel=\"canonical\" href=\"https:\/\/plantingseedsblog.cdfa.ca.gov\/wordpress\/index.php\/2021\/06\/15\/california-farmlink-offers-course-on-succession-planning-for-farmers-and-ranchers\/\" \/>\r\n<meta property=\"og:locale\" content=\"en_US\" \/>\r\n<meta property=\"og:type\" content=\"article\" \/>\r\n<meta property=\"og:title\" content=\"California FarmLink offers course on succession planning for farmers and ranchers - CDFA&#039;s Planting Seeds Blog\" \/>\r\n<meta property=\"og:description\" content=\"Of all the challenges farmers face year after year, the most daunting challenge may be figuring out how to navigate the&nbsp;farm business succession&nbsp;process. 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