American Farmland Trust’s Budget Worksheet provides an opportunity to list future income and expenses as you think about your farm or ranch transfer. You can use the worksheet to assess whether you have money in hand or need to borrow money to acquire assets or expertise OR whether proceeds from the sale of assets or income from an operating agreement is enough to support your future needs.
These resources were developed as part of AFT’s Farmland for the Next Generation: Land Access Training and Transitioning Land to a New Generation projects. Their development was supported by grants from the USDA Beginning Farmer and Rancher Development Program.