Farm Succession Assessment Part 1: Timeline & Goals Have you set a clear timeline for when the next generation will take over the farm? I haven't thought about a timeline yet; I'm focused on day-to-day operations. We talk about it as a family, but nothing is in writing. I have a timeline for some parts (like daily management) but not for others (like transferring land ownership). Yes. We have a clear, documented timeline for transferring both farm management and asset ownership. None 1 out of 7 Part 1: Timeline & Goals Have you decided on the specific legal and financial terms for transferring your farm assets (land, machinery, shares, quota)? No, we haven’t investigated the legal or financial details yet. We have an informal idea of how we want to divide things, but nothing is formally structured or in writing. I know how I want to transfer some assets, but I'm stuck on how to handle the rest fairly. Yes. We have legally documented terms for how all farm equity and assets will be transferred. None 2 out of 7 Loading questions... 3 out of 7 Loading questions... 4 out of 7 Loading questions... 5 out of 7 Loading questions... 6 out of 7 Loading questions... 7 out of 7 Part 6: Personal Information Where should we send your results? First Name Last Name City/Town Email Phone Province Choose Province Alberta British Columbia Manitoba Newfoundland New Brunswick Northwest Territories Nova Scotia Nunavut Ontario Prince Edward Island Quebec Saskatchewan Yukon Role Choose Role Farm Owner/Operator Spouse/Partner Successor/Next Generation Non-Farming Member Professional Advisor Other Previous Start Farm Succession Assessment Next Time's up
