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Extension > Agricultural Business Management News > Farm Transition and Estate Planning Workshop on August 3

Tuesday, July 25, 2017

Farm Transition and Estate Planning Workshop on August 3

by Betty Berning
Extension Educator

“Farm Business Transition: Where Do I Begin?"  is scheduled for August 3rd at Ridgewater Campus in Willmar,.  The workshop is $40 per family, $15 for Ag Professionals.  To pre-register for the workshop by July 31st contact Kami Schoenfeld at 320.212.5255.

In “Farm Business Transition: Where Do I Begin?,” participants get a greater understanding of establishing intergenerational communications, the process of transferring labor-income-management-assets, determining the financial viability of the farm business, retirement issues for the senior generation and establishing goals as the foundation for beginning the farm business transition process. As part of the workshop, participants will be given time to discuss issues and complete worksheets related to the application of the different sections of the workshop. The result is a process for farm families to begin transferring the farm business to the next generation.

 The workshop is jointly sponsored by Minnesota Dairy Initiative and the Ridgewater College Farm Business Management. The program will be presented by University of Minnesota Agricultural Business Management educators, Gary Hachfeld, Betty Berning, and Nathan Hulinsky. 

For more information, please click here.  

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