Download Free Farm Inheritance And Succession Book in PDF and EPUB Free Download. You can read online Farm Inheritance And Succession and write the review.

As the largest group of natural resource managers on the planet, farmers are at the interface of the changing relationship between humans and the environment. Typically organised around what might be considered the most basic of social units, for generations the family farm has survived wide-ranging exogenous challenges, frequently preserving the line of succession to the next of kin. Now as we face major questions about how we use land and the impact of our land use on the global environment, farming once again faces a challenging and uncertain future. This book draws on the experiences of farmers in Australia, New Zealand, North America, Japan and the EU to examine the special features of family farms and, in particular, the tradition of succession which has enabled them to continue to have such a strong presence in the world today.
This study replicates the International Farm Transfers Study Survey in Australia. The results provide a comparison of Australian trends in career progression, farm succession and retirement with those in other countries to reveal the extent to which the Australian experience reflects patterns elsewhere in the world, and the extent to which the Australian experience is unique.
Farming as it is practised in market industrialized countries is predominantly a family business. This book argues that the nature of the farm business cannot be properly understood without reference to the family that operates it. Examples are taken from the UK, USA, Europe and Australasia.
Successful farmers are concerned with two critical questions: how do I hand my agribusiness to my heirs in a fair and equitable manner and how do I pass it as a viable business opportunity? Succession planning combines elements of business design, ownership/management succession, wealth accumulation, retirement design, and estate planning.
Few Americans know much about contemporary farming, which has evolved dramatically over the past few decades. In The Changing Scale of American Agriculture, the award-winning geographer and landscape historian John Fraser Hart describes the transformation of farming from the mid-twentieth century, when small family farms were still viable, to the present, when a farm must sell at least $250,000 of farm products each year to provide an acceptable level of living for a family. The increased scale of agriculture has outmoded the Jeffersonian ideal of small, self-sufficient farms. In the past farmers kept a variety of livestock and grew several crops, but modern family farms have become highly specialized in producing a single type of livestock or one or two crops. As farms have become larger and more specialized, their number has declined. Hart contends that modern family farms need to become integrated into tightly orchestrated food-supply chains in order to thrive, and these complex new organizations of large-scale production require managerial skills of the highest order. According to Hart, this trend is not only inevitable, but it is beneficial, because it produces the food American consumers want to buy at prices they can afford. Although Hart provides the statistics and clear analysis such a study requires, his book focuses on interviews with farmers: those who have shifted from mixed crop-and-livestock farming to cash-grain farming in the Midwest agricultural heartland; beef, dairy, chicken, egg, turkey, and hog producers around the periphery of the heartland; and specialty crop producers on the East and West Coasts. These invaluable case studies bring the reader into direct personal contact with the entrepreneurs who are changing American agriculture. Hart believes that modern large-scale farmers have been criticized unfairly, and The Changing Scale of American Agriculture, the result of decades of research, is his attempt to tell their side of the story.
Prairie Patrimony consolidates, refines, advances and grounds recent scholarship that challenges familiar platitudes about family farming and rural life in the United States. . . . No one should doubt the great contribution that Salamon has made to our understanding of American rural life. American Studies [Salamon's] approach yields a depth of information about farming culture not usually found in the literature on rural America. Choice Takes the reader on a cultural tour of a cherished American institution and landscape--midwestern farm families and their farms. With perceptive attention to detail and knowledge borne of first-hand study over many years, [Salamon] skillfully reveals the pervasive imprint of ethnicity. . . . Prairie Patrimony represents one of those rare studies that enrich our social vision and understanding in extraordinary ways. Glen H. Elder, Jr., University of North Carolina at Chapel Hill Salamon's book is a remarkable contribution to the study of agriculture and culture, and its cross-disciplinary approach will engage scholars in many areas. For historians, it is a splendid illustration that different behaviors between American and immigrant farmers, planted over a century ago in the Middle West, have endured to the present. Jon Gjerde, University of California, Berkeley
Want to avoid the heartache, financial loss and family breakdown caused by poor succession planning? If you're a member of a farming family, you already know what a big deal succession planning is and how most people shudder at the mere mention of it. No doubt, you've heard countless horror stories of succession planning gone bad. But there are also plenty of success stories where succession planning has helped everyone get what they want. In this book, author Ayesha Hilton and lifelong farmer Nick Shady will help you and your family create your succession plan with as little stress and confrontation as possible. In this practical guide, you will learn how to: - Get started with the succession planning process - Communicate with your family to minimise conflict - Deal with fairness and equity issues - Get the right experts to help you with the process - Avoid becoming one of the disaster stories shared in the case studies By following their practical guidance, you and your family can create and implement a sound succession plan that meets everyone's needs. This book is essential reading for all farming families.
At the same time, many other smallholders are successfully intensifying and succeeding as farm businesses, often in combination with diversification into off-farm sources of income.