Last Updated on January 22, 2021 by Purdue Extension
SOURCE: News release from Purdue Extension
WEST LAFAYETTE, Ind. — The Purdue Extension Succession Planning Team is hosting the workshop “Keeping the Farm Resilient in Uncertain Times” this winter for family farm operators interested in learning more about succession planning. The three-night virtual workshop will be offered on Monday, February 8, 15, and 22 from 6:30 p.m. to 8:30 p.m. (ET).
The program will guide family farm operators on planning the transition of their business to the next generation. Participants will learn about adapting and planning during uncertain times, determining if adding or changing operators is financially feasible, selecting the right business structure to transfer ownership and protect assets, and communicating effectively for conflict management.
Purdue Extension educators and specialists will present during this workshop series. The second night will feature attorney Tom Appel, who will discuss options to assist in transferring ownership and protecting your assets.
The workshop will offer the following presentations:
• February 8 – Adapting and Planning in Uncertain Times and Financial Feasibility: Is Your Operation Ready for Succession?
• February 15 – Selecting the Right Business Structure to Hold, Protect and Transfer Assets
• February 22 – Conflict Management: Effective Communication Strategies
The registration fee is $30 per person/household/farm. Register by February 3 at https://tinyurl.com/PU-SP2021. For more information or accommodation, contact Kelly Heckaman at 574-372-2340 or kheckaman@purdue.edu.