To minimize the risks associated with farm business succession among New England farmers, Transferring the Farm workshops were held in March 2003. The workshops introduced farm families to elements of transfer planning, including current estate tax laws, methods to transfer farm assets, and determining family and farm goals. More than 200 farmers and others participated in the workshops. Participation was balanced across age and gender, and represented a diversity of farm enterprises across New England. There was a statistically significant increase in participant knowledge gained at the workshop and strong satisfaction with all aspects of the program.
Heleba et al. (Wed,) studied this question.