The OFA Financial Literacy & Succession Planning Road Show, presented by Farm Life Financial, will provide education on financial strategies for farms and farmers, as well as succession planning tools to keep the farm in the family.
Join Darrell Wade and Andrew Leach for this education session, OFA resources and along with continental breakfast. Focusing on family harmony, tax advantages and reaching goals of both generations, this seminar will leave attendees with a deeper understanding of how to transition the family farm and being fair to all family members.
Click here to find the date and location that works best for you and click on the registration link to sign up.
OFA and Farm Life have formed a partnership to offer OFA members preferred rates on their succession planning services.
Farm Life was founded by Darrell Wade after his family faced the consequences of the right things not being planned for on his family farm. His father, like so many farmers today, didn’t take the time to plan for the “what ifs” with his professional team and he didn’t communicate his intentions. With the sudden passing of his father at the age of 65 there was no legacy for the family farm business.
Farm Life specializes in empowering farm families to have courageous conversations about the future of their family farm. Its mission is to keep farmers farming and to work with families through the succession process in a way that protects family harmony. It works with families across the province to build continuity of the farm through succession, transition and tax efficient estate plans.
Farm Life has a team of professional experts who collaborate with your current advisors to build a succession plan for your family farm. Through this process they provide financial assessment, business planning, financial sustainability and a succession plan that protects both the family harmony and the legacy of the farm. Farm Life educates farm families and motivates the next generation of farmers.
OFA and Farm Life hosted a webinar in January 2020 as a follow up to the 2019 version. In this webinar, Farm Life dug deeper into understanding the value communication brings to relationships while discussing the future of your family farm. Farm Life examined a family they’ve worked with and how they were able to resolve similar challenges many families face while discussing continuity of the farm.
Farm Life Founder Darrell Wade walked families through the tools needed to understand the importance of having these courageous conversations with professionals and protecting your family farm legacy. Click here to watch the recorded version of the webinar.
OFA Member Offer:
- A complimentary consultation on the farm for qualified OFA members.
- A 10% reduction in their succession planning fees.
- Access to a regional workshop held annually on continuity, transition and farm finances.
- Each OFA member who completed a plan would be offered a complimentary annual check in for the first two years once the plan has been completed.
Farm Life currently has representatives across the province and is headquartered in Peterborough, Ontario. All advisors are CAFA certified and have an agricultural background.
To access these services, contact Farm Life directly at:
OFA Benefit Program Disclaimer/Statement of Purpose:
OFA’s Benefit Program is designed to provide OFA members with choices for preferred group pricing on farm inputs, and to provide members with pricing information that they can use in making purchase decisions. While we strive to get the preferred deal or best available pricing for members, the OFA cannot guarantee that its Benefit Program partner pricing is the lowest price available in the marketplace. We encourage all members to use the Benefit Program information to help make the best decisions for their business. Please note that OFA is not responsible for disputes, claims, and causes of action arising out of or connected with an OFA members’ contract or signed agreement with a benefit program provider. Any contract or agreement signed by OFA members with benefit program partners is exclusive to that benefit provider and does not involve the OFA.