Your farm’s succession plan is important, but it is hard to make it urgent. You can do just that by attending a Farm Journal Legacy Project Workshop later next month.
Each workshop will feature three speakers that will cover the vital ins and outs of succession and estate planning.
Here are just a few of the topics they speakers will cover:
- Taking inventory of your current situation
- Having critical conversations with key stakeholders
- Identifying ways to involve on-farm and off-farm heirs
- Reducing your estate tax risk
- Planning and executing a family meeting
- Building a post-retirement cash flow
- Identifying the proper legal structure for your business
- Creating and managing a collaborative succession planning team
Here are the dates, details and speakers:
Monday, July 6 – Loveland, Colo.
Embassy Suites Loveland
4705 Clydesdale Parkway
Loveland, CO 80538
- Davon Cook, Ag Progress LLC
- Paul Neiffer, Farm Journal Legacy Institute Advisory Team, Clifton Larson Allen
- Peter Scott, Coan, Payton & Payne, LLC
Tuesday, July 7 – Lexington, Neb.
Holiday Inn Express & Suites
2605 Plum Creek Parkway
Lexington, NE 68850
- Johnne Syverson, Farm Journal Legacy Institute Advisory Team, Transition Point Business Advisors
- Paul Neiffer, Farm Journal Legacy Institute Advisory Team, Clifton Larson Allen
Thursday, July 9 – Watertown, S.D.
Watertown Event Center
1901 9th Avenue SW
Watertown, SD 57201
- Johnne Syverson, Farm Journal Legacy Institute Advisory Team, Transition Point Business Advisors
- Paul Neiffer, Farm Journal Legacy Institute Advisory Team, Clifton Larson Allen
- Thomas Linngren, Green Roby Oviatt, LLP
Friday, July 10 – Clear Lake, Iowa
Best Western Holiday Lodge
2023 7th Avenue N
Clear Lake, IA 50428
- Johnne Syverson, Farm Journal Legacy Institute Advisory Team, Transition Point Business Advisors
- Paul Neiffer, Farm Journal Legacy Institute Advisory Team, Clifton Larson Allen
- David Repp, Dickinson Law
Wednesday, July 22 – Paducah, Ky.
Walker Hall Events Center
229 Madison Street
Paducah, KY 42001
- Alan Richardson, Transition Point Business Advisors
- John Gorman, Clifton Larson Allen
- Elizabeth Ann Wieneke, Whitlow, Roberts, Houston & Straub, PLLC
Launched in 2010, Farm Journal Legacy Project workshops help families begin the process of transitioning their family farm to the next generation. The Legacy Project workshops offer hands-on training with you hearing from three speakers who are experts in succession planning, tax and legal issues. Also, you will use a step-by-step workbook to assist in your readiness and help with implementation of your plan.
Click here to see more about the Farm Journal Legacy Project.
Source: AgWeb.Com