Purdue Extension will offer 10 regional workshops on succession planning this winter. These meetings will teach family farm businesses how to plan for a transfer to the next generation.
Subjects explored in the workshop include valuing assets, attorney tools, farm safety while aging in place, and building an advisory team. Additional topics focus on wills, LLCs, trusts and transfer on death basics.
“The Succession Planning Team is continuing our efforts to offer timely information to help farm families navigate the maze to develop a succession plan for their farm operation and families. The topics offered are determined by input from past program participants,” said Kelly Heckaman, Extension Educator and County Extension Director.
“We are also including local attorneys to help answer questions and to navigate the legal aspects of the process. We hope these three hour sessions help to answer some of the most common questions the team receives to get succession planning started.”
Dates, times and locations are as follows:
- Jan. 22, 9 a.m., Elkhart County 4-H Fairgrounds, 17746 County Road 34, Goshen
- Jan. 24, 1 p.m., Hancock County Extension Office, 802 Apple Street, Greenfield
- Jan. 24, 6 p.m., Knox County Extension Office, 4259 N Purdue Road, Vincennes
- Jan. 29, 6 p.m., Harrison County Extension Office, 247 Atwood Street, Corydon
- Jan. 30, 9 a.m., Benton County Extension Office, 410 S Adeway, Suite A, Fowler
- Feb. 5, 1 p.m., Decatur County Extension Office, 545 S Co Road 200 W, Greensburg
- Feb. 6, 9 a.m., Whitley County 4-H Center, 680 W. Squawbuck Road, Columbia City
- Feb. 13, 6 p.m., Vermillion County Fairgrounds, Fairgrounds Road, Cayuga
- Feb. 26, 6 p.m., Madison County Fairgrounds, 512 E 4th Street, Alexandria
- March 5, 6 p.m., Monroe County Extension Office, 3400 Walnut Street, Bloomington
To attend a workshop, registration must be completed one week prior here. The cost to attend is $50 for the first four members of a family and $10 per each additional family member.
The workshops provide an opportunity to hear from lawyers who are experts in succession and estate planning, including Michelle Adler, Tom Appel, Graham Dycus, Miriam Robeson, and Jeff Washburn.