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Virginia Group Aims To Help Farmers Pass On Farms To New Owners

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Smooth transitions in farming are especially complicated because of the capital that's needed, including land, buildings, equipment, and livestock.

Many farmers also want to pass the family business on to their heirs, but some do not have heirs or their children aren't interested in farming, according to Kevin Schmidt, coordinator of Virginia's Office of Farmland Preservation.

So the state is offering workshops through the next year to help farmers plan to pass along their businesses to those who are passionate about the industry, even if they are not kin.

"To get both parties to understand some of the different tools to transitioning a farm business and a farm from one generation to the next, best case scenario we can actually bring together some parties and have them meet maybe a potential person they can work with," Schmidt says.

The Virginia Cooperative Extension is also sponsoring workshops for farmers.

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