Download the flyer for workshop details and to register at Planning for the Future of Your Farm.
Session 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?