Farm Succession: Starting the Conversation

Farm succession is one of the most important conversations any farm family will have, yet it is often one of the most difficult to start. 

On this week’s Tillage Edge podcast, Michael Hennessy is joined by James McDonnell, Teagasc Farm Management Specialist, to discuss the key steps involved in transferring the family farm to the next generation. 

James outlines how families can begin the succession planning process, the options available to farmers who are not ready to transfer ownership outright, and the tax reliefs that can help reduce the cost of transfer. 

He also highlights the farm succession clinics taking place around the country and explains how families can register to attend.  

For more details to register in advance go to:
https://teagasc.ie/rural-economy/farm-management/succession-inheritance/transferring-the-family-farm/

For more episodes and information from the Tillage Edge podcast go to:

https://www.teagasc.ie/crops/crops/the-tillage-edge-podcast/

Produced on behalf of Teagasc by LastCastMedia.com