Welcome to the ‘Farm Succession: Getting Your Financial House in Order’ course, conducted by Phil Taylor, an experienced Farm Credit Farm Business Consultant with a passion for empowering farmers through education. In this focused online class, Phil guides you through the vital process of preparing for farm succession by establishing a robust financial foundation. Dive into the mechanics of balance sheets, the nuances of income and cash flow statements, and the strategic planning of capital expenditures. With Phil’s expert instruction, you’ll learn how to balance business and personal assets, paving the way for a smooth transition to future generations. Enroll now to take the first step towards securing your farm’s legacy with confidence and clarity.

Important Links:

Farm Credit Website: https://farmcredit.com/

Social Security Benefits Handout: https://pafarmlink.org/wp-content/uploads/2023/11/Pa-Farm-Link-2023-Farm-Succession-Workshops-Handout-SS-Tables.pdf

Farm Finance Scorecard: https://www.cffm.umn.edu/wp-content/uploads/2019/02/FarmFinanceScorecard