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Many farmers spend a lifetime accumulating land and investing in their farms. Most farmers have a desire to transition their assets and operations to the next generation. It’s complicated and time-consuming, so it takes a team of professionals to help and give advice on farm transition planning. A professional team can help farm families figure out all the issues involved in farm estate planning. Here are some tips taken directly from The Ohio State University Extension on how to get started. For more information, go to: https ://farmoffice.osu.edu /blog -tags /estate -planning . Don’t jump right to the plan—talk first. An important first step to building a plan is getting the family talking and thinking. Ohio State University Extension has a farm management team that can assist with the initial steps. David Marrison, OSU Extension, recommends strategies for working with farm families, including understanding the legacy, encouraging the family to assess its strengths, weaknesses, oppor

  Farmers and researchers often say it takes 3-5-7 years or longer to convert to no-till before the yields and profits are the same or return back to normal. When crop prices are low, that makes it harder to switch from conventional tillage to no-till crops. Soybeans and wheat are the easiest to convert, but for corn, the yield lag may be 10-20%, which makes the conversion unprofitable. However, some farmers and researchers are making the conversion without a yield lag. With less fuel, equipment, and labor needed; no-till farming practices become much more profitable than conventional crops. Also, the environmental benefits to building soil organic matter and keeping soil in place are added incentives. Since it is a risky to change and with decreased profit expected, any yield lag prevents most farmers from considering a transition. Even short-term yield losses and lower profit are hard to justify even if someone says your future rewards will be higher. That is why the conversion to no