Farm Succession Planning Series
Family farmers can get tips from Purdue University specialists on business communication and dealing with accounting and legal issues during a succession planning program offered at 10 sites in Indiana.
“Cultivating Strong Indiana Farm Family Relationships for Today and Tomorrow” will be offered in early 2013. The program is presented by Purdue’s Women in Agriculture and Farm Succession Planning teams in partnership with the North Central Risk Management Education Center.
Kelly Heckaman, Purdue Extension educator in Kosciusko County, said Indiana farmers and farm wives have asked educators for advice on handling their family businesses.
“In order to get estate planning started in families, they need to be able to communicate about it. And it’s an emotional topic, so it can be hard to get those conversations started,” Heckaman said. “The workshops will give families ideas on improving their conversations and skills to help them work through their problems and keep their families intact.”
Heckaman said the program is a collaboration between Extension and local communities, as organizers will invite local accountants and attorneys to speak on financial strategies.
The first-session agenda topics are: “A Great Year to Farm: New Farmer Financial Skills,” “The Team Approach: Working Together Through Transition” and “Communicating for Success.”
The second session’s lineup is “Business Structure and Taxes,” “The Truth about Pre- and Post-Nuptial Agreements” and “Managing Conflict.”
Registration is $50 for individuals or $100 for families up to four members. Locally, the program will be offered at the Vanderburgh Co. 4-H Fairgrounds, 201 E. Boonville New Harmony Road, Evansville, on February 19 and 26, from 8:00 AM-12:00 PM CST.
For more information, please contact Purdue Extension-Spencer County at (812) 649-6022 or nheld@purdue.edu. Registration brochures are available online.
Perry-Spencer Crop Day
The annual Perry-Spencer Crop Day program will be held Thursday, February 21 at 6:00 PM CST at the Fulda Sportsman Club. The program will feature Dr. Chuck Mansfield, Purdue Extension Agronomist, speaking on “Wheat Nutrient Management and Drought Effects on Soil Nitrogen”. The program will also feature an update on new fertilizer application regulations affecting farmers.
The cost to attend is $5.00 per person, including the meal, and is payable at the door; however pre-registration is requested by February 14. PARP and CCH credit is available for an additional $10 fee. Two CCH credits will be available in categories 1, 14, and RT.
For more information, or to register, please contact Purdue Extension-Spencer County at (812) 649-6022 or nheld@purdue.edu.
