Planning | University of Maryland Extension

Updated: February 3, 2021

Tax and Estate Planning for Maryland Forest Landowners (FS-630)

Forest landowners in Maryland can increase the financial returns ofn their forest stewardship efforts by minimizing property, income, and estate taxes. This fact sheet describes several laws and programs that enable forest landowners to decrease their tax liabilities.

Updated: February 2, 2021

Non-Traditional Sources

Explore the alternative sources of capital less than $50,000 that can be available for your business.

Updated: January 29, 2021

Vegetable Equipment and Irrigation

Ever wandered around a farm show or equipment dealer admiring all of the new and fancy gadgets available to farmers today? So many choices, yet so little money! Small farmers must be especially careful of expensive machinery purchases as they buck the traditional “bigger is better” trend of large farmers with mega equipment, some pulling plows and harrow’s wider than your whole field. However, as a small farmer you will take the opposite approach, limiting large equipment options and focusing on specialized, value-added processes to garner more dollars from less land. Indeed, the cost of equipment today requires the successful small farmer to be both prudent and wise in equipment selection. What equipment is essential for the operation of the small farm? How can you avoid the common mistake of purchasing more equipment than the farm can support?

Updated: January 21, 2021

Mastering Marketing for New and Beginning Farmers

Sales are one-time transactions. Marketing is the process by which you identify a group of people who are willing and able to become and to remain your customers. As a new farmer, you wonâ€™t have established relationships with customers and potential buyers, yet. You must determine who wants and /or needs your products. These are your potential customers. Marketing takes time. But, it can be one of the most cost-effective uses of time in your business.

Updated: January 19, 2021

Community Engagement with the weTable in Maryland

University of Maryland Sea Grant Extension works with local stakeholders, community leaders, and citizens on issues concerning the Chesapeake Bay. The Bay’s estuary is a national treasure, with natural and economic resources on which Marylanders depend for their livelihood and recreation. That resource is threatened by the rising sea level, changing land uses, and increasing non-point source pollution. Maryland Sea Grant Extension agents are prepared to face those challenges using participatory planning technologies. The weTable is an ideal tool for enhancing public engagement processes and creating an interactive dialogue. By transforming a tabletop into an interactive map, database, and decision making platform, Sea Grant Extension Specialists facilitate collaborative planning and conversations about resource management.

Updated: January 8, 2021

Eastern Shore Agriculture Needs Assessment 2015 Survey Results

The University of Maryland Extension (UME) conducted an agricultural needs assessment for the nine counties on the Eastern Shore of Maryland in 2015. This survey will help UME understand issues concerning Eastern Shore agriculture, identify agricultural and educational needs and focus UME agricultural training and resources. The survey was conducted in 2015 and included four sections: 1) industry priorities, concerns and viability; 2) research and education needs; 3) education and training preferences; and 4) demographic and farm information. Results were received from 295 farmers through paper or online surveys.

Updated: January 7, 2021

Estate Planning and Conservation Easements

While estate planning for Maryland farm operators can be complicated, a conservation easement can be an effective tool to include in your plan. Conservation easements can help reduce the value of a farm estate and ensure the land will continue to be available for agricultural use. Donating a conservation easement is one way to reduce federal and state estate taxes when the value of your estate minus permitted deductions exceeds the current estate tax exemptions. Under current federal and Maryland tax laws, donating a conservation easement to a qualifying group can result in favorable tax deductions.