Planning for the Future of your Farm

This workshop is designed to help farm families develop a succession plan for their farm business. Attend and learn ways to successfully transfer management skills and the farm’s business assets from one generation to the next. Learn how to have the crucial conversations about the future of your farm. This workshop will challenge farm families to actively plan for the future of the farm business. Farm families are encouraged to bring members from each generation to the workshop. Plan today for the future success of your family business!

Featured Speakers Include:
Chris Bruynis, OSU Associate Professor and Extension Educator  for Ross County

Peggy Hall, OSU Asst. Professor and Field Specialist, Agricultural & Resource Law

Jan. 19, 2018

9 a.m. to 3:30 p.m.

8:30 a.m. Refreshments and Registration

Clinton County Extension Community Room

S. Nelson Avenue Wilmington, Ohio 45177

Planning for the Future of Your Farm Topics

Key questions to answer when planning for the future of the family farm business

Family communication in the farm transition process

Analyzing the family farm business/keeping the business competitive into the future

Providing income for multiple generations

Developing the next generation of farm managers

Farm succession with multiple offspring and family members: Fair vs. Equal

Retirement strategies

Preparing for the un-expected

Strategies to get my farm and family affairs in order

Analyzing risk in today’s world

Long term health care issues and costs

Farm business structures and their role in estate and transition planning

Estate and transfer strategies

Buy/sell agreements

Trusts and life insurance

Tax implications of estate and transition planning

What will my lawyer need from me?

For more information, call 937-382-0901. Pre-registration is required by calling the Extension office.

The cost is $20 per person or $45 for family. Registration Includes lunch and one set of program materials per family.

Registration deadline is Jan. 12. Registration limited to first 40 persons.