College - Author 1
College of Agricultural, Food, and Environmental Sciences
Department - Author 1
Agricultural Education and Communication Department
Degree Name - Author 1
BS in Agricultural Communication
The author began this project by researching a variety of tax laws, succession planning, and what document and resources were already available to farming and ranching families.
For example, for the Introduction to Succession Planning in California section, the author described what succession planning is and explained the process. The author explained that a study found that nearly 50% of farmers do not have a succession plan, and how not being prepared will affect those farmers. This project created a guideline for farmers to follow when planning their succession, as well as why it is important. This project outlined the tax and legal implications of succession planning, and created a guideline for farmers to follow.