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Module 8c: Farm Transfer Issues

Farm transfers to family members and non-family members do not happen by themselves or, for that matter, overnight. Many issues need to be addressed and thought through to not only make the transfer feasible, but to insure that all parties are treated in a fair and equitable manner. Every farm will have unique personal issues that need to be reflected in the transfer, along with a varied list of legal and tax considerations. These issues and many others need to be addressed well in advance of any potential farm transfers.