Transferring the Family Farm events – navigating the complexities of succession
Having benefitted more than 20,000 farmers over the past decade, the annual series of Teagasc Transferring the Family Farm Clinics will commence once again in early October.
Despite government tax and EU Common Agriculture Policy incentives, the age profile of farmers continues to increase. Considering this, farming families are being encouraged to participate in these free Transferring the Family Farm events where they will get the opportunity to talk to experts on a one-to-one basis. The first event in the series takes place at the Ardboyne Hotel in Navan, County Meath on Tuesday, 6th of October.
Speaking ahead of the series of events, James McDonnell, Teagasc Farm Management Specialist said: “These events allow farming families to gather information on areas such as taxes, incentives, education, fair deal and farm schemes.
“The purpose of these events is to help farm families navigate the complexities of farm succession, putting them in contact with experts so that they can find the right path for their own family.”
Answering the key questions
Supporting each event will be a team of local solicitors, accountants and Teagasc advisors to answer one-to-one queries in confidence. There will also be mediators present at the events, a profession often used by farming families as facilitators to develop a succession plan in difficult circumstances.
The government will be represented by Citizens Information Board, who provide a one-stop shop of information on topics like pensions, fair deal scheme, and your state entitlements. For those interested in forming Department of Agriculture, Food and the Marine (DAFM) registered farm partnerships, DAFM staff will be in attendance. Also participating for the first time with us will be the Decision Support Service at our events in Navan, Naas and Kiltimagh.
Bringing the next generation into farming
These events will build on the highly successful Generational Renewal Week organised by Teagasc earlier in September.
“Ideally, farm succession involves bringing the next generation into the farming business and gradually transferring responsibility, management and, ultimately, ownership of the assets as the current generation steps back,” Ruth Fennell, Collaborative Farming Specialist at Teagasc said.
“Collaborative options have proven hugely beneficial in facilitating this process. The various options will be covered in detail at these events,” Ruth Fennell explained.
Bookings can be made by through the Teagasc Events page or by contacting your local Teagasc office.
Teagasc Transferring the Family Farm events.
Details of the Transferring the Family Farm events are available below. All events commence at 10am.
- Tuesday, 6 October
- Ardboyne Hotel, Dublin Road, Navan, Co. Meath. C15 C9YA
- Wednesday, 7 October
- Woodford Dolmen Hotel, Kilkenny Road, Carlow. R93 N207
- Thursday, 8 October
- Killashee Hotel, Killashee, Naas, Co. Kildare. W91 DC98.
- Wednesday, 14 October
- Mount Errigal Hotel, Ballyraine, Letterkenny, Co. Donegal. F92 FKX6.
- Thursday, 15 October
- Park Hotel, Kiltimagh, Corrahoor, Kiltimagh, Co. Mayo. F12 NY17.
- Tuesday, 20 October
- Great Southern Killarney, East Avenue Road, Town Centre, Killarney, Co. Kerry. V93 R866
- Wednesday, 4 November
- Fermoy Mart, Corrin, Co. Cork. P61 EE37