Farm Transition and Estate Planning Workshop planned
Are you starting to think about planning for a management transition of your farm? Or maybe you are working with a next generation or new operator on farm succession already. Need a path forward to help you think about the options? University of Minnesota Extension will provide full-day workshops and two-day multi-generational retreats across Minnesota on farm transition and estate planning.
These full-day workshops and two-day multi-generational retreats are all free and include meals. The workshops and retreats cover farm goal setting; business structures; farm operation and management succession ideas; as well as estate planning and retirement; family communicating; and additional farm transition educational resources. Estate planning is a crucial part of the transition process, as well. The workshop also includes a discussion of Wills and trusts, life insurance, power-of-attorney, long-term health care issues, and more.
“There are many things to think of and plan for in estate planning, farm succession and farm transfer. These workshops and retreats are filled with practical information and strategies to help farm families begin the process of transferring the farm business to the next generation or a new operator,” says Susanne Hinrichs, Extension educator. “Farmers and ranchers at any stage, from beginner to mid-career, to entering retirement can benefit from the workshop materials.”
To learn more and to register for the workshops or retreats please visit z.umn.edu/farmtransition.
Full-day workshops and multi-generational retreats are scheduled on the following dates:
Friday – Saturday, February 21 – 22, Multi-generational Retreat, Mankato
Friday – Saturday, March 7 – 8, Multi-generational Retreat St. Cloud
Monday, March 10, Farm Transition & Estate Planning Workshop, Austin
Thursday, March 20, Farm Transition & Estate Planning Workshop, Hawley
Friday – Saturday, March 21 – 22, Multi-Generational Retreat, Rochester
To learn more and to register for the workshops or retreats please visit z.umn.edu/farmtransition.
