Extension offers virtual workshop series to assist families with farm succession

Thursday, August 1, 2024

The Purdue Extension Succession Planning Team is hosting the virtual workshop, “Succession Planning -- Transferring the Farm’s Legacy,” for individuals seeking advice as they look ahead with transferring their family businesses to the next generation.

“Many families strive to have a good succession process in place. Setting goals, seeking legal advice, and considering family dynamics are all important aspects,” said Ed Farris, Purdue Extension Educator in Huntington County, who is a member of the Purdue Extension Succession Planning Team. “This program is designed to help families stay focused in their planning decisions.”

The three-session lunchtime virtual workshop will be Tuesday, Aug. 20 (noon to 1 p.m.), Wednesday, Aug 21 (noon to 1 p.m.), and Thursday Aug. 22 (11 a.m. – 1 p.m.). Note the earlier start time on Thursday, Aug. 22 as the series concludes with an attorney presentation.

Jenna Nees

The series will offer the following presentations from Purdue Extension Educators and Specialists along with attorneys:

• Aug. 20, 12-1 p.m., “Management Transfer.“ Speakers: Nick Held and Kyle Weaver.

• Aug. 21, 12-1 p.m., “Financial Preparedness.” Speakers: Michael Langemeier and Ed Farris.

• Aug. 22, 11 a.m. - 1 p.m., “Conflict Management .“ Speakers: Phil Woolery and Renee Wiatt and “Legal Considerations for Structuring Your Farm Succession Plan.” Speakers: Scott Linneweber and Brian Eagle, attorneys Eagle and Fein.

Participants can register for the program series at https://cvent.me/NE0BQg . The program fee is $40 per email address. Zoom links to the programs will be sent to registered participants prior to the programs. Registration questions can be answered by contacting Jeff Pell at jpell@purdue.edu or 317-745-9260.

Visit www.extension.purdue.edu/putnam or contact the local Purdue Extension Office at 653-8411 for more information regarding this week’s column topic or to RSVP for upcoming events. It is always best to call first to assure items are ready when you arrive and to RSVP for programs. While many publications are free, some do have a fee.

Upcoming Events

Aug. 19 – Last day to apply for Master Gardener course, call 653-8411 to apply.

Aug. 20-22 – Succession Planning -- Transferring the Farm’s Legacy Webinar series, 12 – 1 p.m., $40, register at https://cvent.

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