Transferring a farm

Last updated on January 8, 2021

The following information describes how to plan for the transfer of knowledge, skills, labour, management, control and ownership of your farm business.

Succession planning

Arrange the orderly transfer of your business and its assets to a successor—family or unrelated—who has been groomed for that purpose.

Succession Planning

Estate planning

Plan for the orderly and tax-efficient transfer of personal wealth and assets to your heirs.

Estate Planning

Financial and advisory programs are available for agricultural producers.

View all B.C. Agriculture Programs

Videos, workbooks and resources to help start the conversation, prepare for and implement the transition of a farm to the next generation:

Transition Planning Resources (Farm Credit Canada)
Cost of Turnover Calculator (Canadian Agricultural Human Resource Council)
Turnover Benchmarking Tool (Canadian Agricultural Human Resource Council)
Succession Planning Guide (Agricultural Alliance of New Brunswick)

Succession planning videos

Who Gets the Farm & When?

Address the uncertainty and stress that often surrounds transitioning the farm to the next generation, with certified Farm Family Business Coach, Elaine Froese

Watch more videos about farm succession planning

Contact information

Phone:
1-888-221-7141

Email:
AgriServiceBC@gov.bc.ca

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