Ifac release Farm Succession Guide 2026

Ifac has once again published its Farm Succession Guide, a practical resource designed to support farming families as they plan for the future of their farm business.

With succession remaining one of the most significant and sensitive challenges facing farm families, the guide provides clear, structured guidance to help families approach the process with confidence.

This years' guide focuses on the importance of early planning and open communication, while addressing the financial, legal, tax and personal considerations involved in transferring a farm to the next generation. It outlines key steps in the succession journey, highlights common challenges, and offers expert insight to help families make informed decisions that protect both the farm and family relationships.

Whether you’re already farming, own your farm or hoping to in the future, this guide helps you understand your options and to make informed conversations.