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Indiana: 5 Farm Succession Planning Workshops in Jan., Feb.

Ernst Undesser
By Jessica Merzdorf, Purdue University December 12, 2016

Indiana: 5 Farm Succession Planning Workshops in Jan., Feb.

The Purdue Extension Succession Planning Team is offering a workshop to introduce farmers and their families to the legal, financial and team-building aspects of transferring farm ownership.

“Next Steps to Successfully Growing Future Farm Generations” will be presented by attorneys and estate planning experts Michelle Adler, John Collins, Polly Dobbs and Jeff Washburn. Topics include the timing of succession, communication and team building, insurance, retirement planning, asset transfer and goal setting.

“Farm succession planning is a crucial part of ensuring your family farm business’s long-term viability,” said Kelly Heckaman, Extension educator in Kosciusko County. “But it can be a daunting process, so if people are uncertain about how to begin or would like some advice, these workshops could be really beneficial.”

Sessions will be offered throughout the state. The schedule:

  • Jan. 18: First Presbyterian Church, 124 W. Broadway St., Shelbyville.
  • Jan. 26: Blue Gate Garden Inn, 800 S. Van Buren St., Shipshewana.
  • Feb. 1: Washington Community Building, 501 Burkhart Drive, Washington.
  • Feb. 8: Boone County 4-H Fairgrounds, 1300 E. 100 S., Lebanon.
  • Feb. 14: Wayne County Fairgrounds, 861 Salisbury Road N., Richmond.

Each session is 9 a.m. to 4 p.m. and concludes with an opportunity for farm families to meet with the Purdue Succession Planning Team.

Registration is $75 per person for the first four family members and $15 for each additional member. Forms are available for download at here and should be mailed to Heckaman at the Kosciusko County Extension office, 202 W. Main St., Warsaw, IN, 46580. Registration is due two weeks before the workshop date.

The workshop is sponsored by the U.S. Department of Agriculture National Institute of Food and Agriculture and North Central Extension Risk Management Education.

For more information or to request reasonable accommodation to participate, contact Jenna Nees at 765-653-8411 or smith535@purdue.edu.


Source: : http://www.purdue.edu/newsroom/releases/2016/Q4/purdue-extension-to-offer-farm-succession-planning-workshops.html

Ernst Undesser
By Jessica Merzdorf, Purdue University December 12, 2016