Intentionally identifying goals, resources, and systems to manage a farm operation is essential at any stage of the business cycle. Assessing the current state of the farm business, agreeing on where the decision makers desire the business to evolve, and collectively determining how to achieve these outcomes brings key players together. Whole farm/succession planning can be complex and involve multiple topics. UNH Extension offers educational resources, consultations and often grant funded support for NH farms.
Articles
Video series provides insights into securing your farm and your farming legacy
In this video series, Stephanie Burnham, a leading estate planning attorney licensed in New Hampshire and Massachusetts, breaks down the key estate pl...
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A New Network Provides Support to Cope With the Pressures of Farming
With funding from the USDA National Institute of Food and Agriculture, the New Hampshire Farm & Ranch Stress Assistance Network (N.H. FRSAN) is a coll...
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Resources
Learn practical strategies for passing on your farm to the next generation in a way that minimizes taxes and keeps the peace within the family.
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See why prenuptial agreements aren’t just for the rich or famous—they can be a smart move for farmers who want to protect their assets and keep the fa...
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Find out how Medicaid planning impacts your farm assets, what you need to know about look-back periods and disqualification rules, and how to plan acc...
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We’ll demystify the probate process, explaining why it can be lengthy and costly and how to plan to avoid it for a smoother transition of your farm.
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Understand why simply creating a trust isn’t enough and learn how to correctly transfer your farm assets into a trust to ensure it serves its purpose.
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Confused about which type of trust might be right for you? We’ll explain the differences, benefits, and potential downsides of each, so you can decide...
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