HUNTINGTON, Ind. — As Indiana farm families face the issue of transferring the farm business to the next generation of operators, the need for information and resources has become crucially important for the smooth transition of the business.
Ultimately, nothing can be scarier to the incumbent generation than to inherit farmland without any plans for the future. The “So You’ve Inherited a Farm, Now What?” program will help farm families begin to prepare for transferring land to the next generation and hammer home the importance of communication and family cohesiveness.
The workshop will explore the following:
- Property options and financial implications
- Land management
- Legal aspects
- Lease considerations
- Strategies for dealing with family and communication issues
The Purdue Extension Land Lease Team invites those who have inherited or might inherit farmland soon to attend “So You’ve Inherited a Farm, Now What?” This two-night virtual workshop will be offered 6:30-8:30 pm. (ET) Jan. 20 and Jan. 27. The registration fee is $25 per person, household or farm. Register by January 18 at https://cvent.me/a8NVYZ
Adapted from a University of Nebraska Extension program, the series will discuss best strategies for managing farmland and farm assets. Presenters include Purdue Extension educators and attorney Lindsey Schmitt from Evansville, IN, who will discuss legal aspects and decisions facing your family.
For accommodation or more information, contact Kelly Heckaman at 574-372-2340 or firstname.lastname@example.org. Purdue University is an equal opportunity/equal access/affirmative action institution.
— Purdue Extension