Teagasc Farm Management specialist, James McDonnell, and Succession Ireland mediator, Clare O’Keeffe, join Ciaran Lynch and Catherine Egan on this week’s joint episode of the Ovicast and the Beef Edge podcast to discuss all aspects of generation renewal, succession and mediation.
James highlights the importance of generation renewal while Clare outlines the importance of a mediator to aid the process. It is essential for every farmer to have a farm succession plan in place. There are complex legal and taxation rules that, if planned for, can be managed easily. If not planned for, however, there could be a major impact on the viability of the farm business.
Teagasc run Transferring the Family Farm clinics every year. These clinics are designed to help farm families through the process and all aspects that need to be considered when transferring the family farm.
In 2025, clinics will take place at six venues throughout the country. Further details at:
https://teagasc.ie/rural-economy/farm-management/succession-inheritance/transferring-the-family-farm/
If you missed the Generation Renewal Webinar , you can watch it back here
https://www.youtube.com/watch?v=xcKGV0E2InM
For more episodes from the OviCast podcast, visit the show page at:
https://www.teagasc.ie/animals/sheep/ovicast-sheep-podcast