This workbook is an update of earlier editions published throughout the Southeast between 2006 and 2013 for the families that own (and produce or receive income from) farm, forest and horticultural land in North Carolina. It is specifically for those who want to keep their farmland in production and/or in the family as it passes to the next generation, and are willing to commit the work necessary to achieve that goal.
The planning process also requires the help of professional advisers. This workbook was developed to help families communicate and harness information gathering into an orderly and productive process, in many ways to maximize the value of professional planning help. Under good guidance this process should produce the legal documents necessary to manage the risks of farm transfer.