Farm Succession and Transition

Whether you’re starting, growing or passing along your business, you need a solid business plan. The earlier you start to focus on your goals, the better your chances of reaching them. Explore these topics and resources you can use to make sound decisions.

Transition Planning Guide takes you step by step through the process of creating a transition plan for your agribusiness.  Successful transition planning involves looking ahead and planning for the future. Leaving behind a healthy business is important to keep it viable and profitable for the long term.

A Guide to Farmland Ownership in Manitoba (PDF) explains the factors you should consider when inheriting, buying, renting or leasing farmland. The guide discusses forms of ownership, rights and responsibilities and the legal terms used during the buying, selling and renting processes.

A Guide to Farm Estate Planning in Manitoba (PDF) prepares families for the successful sale or transfer of the farm business, either within or outside the family. The guide explains the considerations of transferring property during your lifetime, transferring property at death and the basics of trusts, insurance and family law. 

 

Other Resources

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