Transferring farm means planning properly is vital

Last week’s Q&A was on the succession planning for effectively and efficiently managing the business transfer to the next generation, which is necessary for successful continuation of the farm business.

The succession advice comes from an article in the current issue of the Teagasc/Agricultural Trust Today’s Farm publication, by Kevin Connolly of the Teagasc Farm Management & Rural Development Knowledge Transfer section.

Will the viability of the farm business be affected by the transfer?