A thriving family agricultural business is rooted in strong planning and communication. OSU’s free online handbook, Getting Organized: Business Organization and Succession Planning for Oregon Family Farms and Ranches, teaches you how to lay a strong but flexible legal foundation for your family and business to grow.
Every agricultural business should have a business succession and estate plan in place. This guide is for agricultural business owners who are looking toward retirement, for those who plan to die “with their boots on,” and for those who don’t plan to retire (or die) for a long time. This guide is also useful for aspiring farmers or ranchers who are hoping to take over a family operation, or looking to enter an ag business as a non-family member.
By doing some homework now, you will be prepared to work with your family, lawyer, accountant, and other professionals, saving you time and money. Doing this work shows your commitment and care for the most important things in life: Your family and your agricultural business legacy.