Learn farm succession planning in Purdue Extension workshop

Extension Ag Educator

Farm families can learn how to ensure a successful ownership transition from one generation to the next in a workshop sponsored by the Purdue Extension Succession Planning Team.

The workshop, “Next Steps to Successfully Growing Future Farm Generations,” will be presented by attorneys and estate planning experts Michelle Adler of Bluffton, Tom Appel of Valparaiso, Dan Gordon of Bluffton and Jeff Washburn of Columbus.

Topics include:

· Long-term care

· Retirement planning

· Caring for the caregiver

· Buy/sell agreements

· Is an LLC right for you?

“Transferring the family farm business can be overwhelming and daunting,” Amanda Dickson, a member of the Purdue Extension Succession Planning Team, said. “This workshop takes an in-depth look at very specific aspects of the transfer. We address issues for you as the owner, the next generation, and the business. This is why we encourage the whole family to attend.”

The closest sessions to Putnam County are scheduled for:

· Jan. 31: 1-4 p.m.: Purdue Extension-Johnson County office; 484 N. Morton St., Franklin.

· Feb. 6, 1-4 p.m.: Putnam County Fairgrounds; 191 N. U.S. 231, Greencastle.

Cost is $40 for the first four family members and $10 for each additional member.

Registration forms are available at https://bit.ly/2kdqeAc and should be mailed to Kelly Heckaman, Kosciusko County Extension, 202 W. Main St., Warsaw, IN 46580. Registration is due two weeks before each session.

For more information, or if you need a reasonable accommodation to participate in this program, contact Jenna Nees at 653-8411 or smith535@purdue.edu prior to the program.

Visit www.extension.purdue.edu/putnam or contact the local Purdue Extension Office by calling 653-8411 for more information regarding this week’s column topic or to RSVP for upcoming events. It is always best to call first to assure items are ready when you arrive and to RSVP for programs. While many publications are free, some do have a fee.

Upcoming Events:

Jan. 16 – Preseason PARP, Fairgrounds, 1 p.m. Cost $10 for credit, RSVP at http://tinyurl.com/yap82khl.

Jan. 18 – 4-H Council meeting, 7 p.m., Extension Office.

Jan. 19 – Why are crop budgets so Important? Webinar, noon. RSVP at https://ag.purdue.edu/Extension/wia/Pages/webinars.aspx

Jan. 25 – Gardening conference, 6-9 pm., Beef House in Covington, $20. RSVP to 765-492-5330.

Jan. 29 – Annie’s Project starts, $75, Extension Office, 6 p.m.

Feb. 1 – New 4-H’er orientation, 6:30 p.m., York Automotive Building, Fairgrounds.

Feb. 6 – Succession Planning program, 1-4 p.m., Fairgrounds, $40 for family of four. Registration info in article.

Feb. 7 – On Local Government Webinar, Extension Office, 11 a.m.

Feb. 8 – Pasture Management workshop, 5:30 p.m., Beef House in Covington, $20. RSVP to http://bit.ly/2AP2MyI.