New Succession Planning Program Helps Farmers and Successors Generate Plan

  • Jun 16, 2021

California FarmLink’s new succession program — The Regenerator: A Year of Farm Succession Planning — will work with a small cohort of farm families and their successors to generate transition plans. The program, which begins in November 2021, will consist of monthly meetings over the course of a year. The succession teams will learn from professionals, compare their experiences with their peers and work on a step-by-step succession plan to ensure the continuity of their enterprise.

Retiring California avocado growers with identified successors — related or not — are encouraged to submit an application to participate in the Regenerator program. The retiring farmer must be the primary applicant and must name two successors for a minimum of a three-person team. The application deadline is July 1.

The course application fee is $25. If accepted into the program, the fee for the course is $800 for the team.

The Regenerator program includes presentations on the following topics:

  • Communication, intention setting and team building
  • Business valuation, structure and transition of management
  • Retirement, estate and tax planning
  • Farmland conservation planning
  • Creative approaches and financing strategies for land and business transfers
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