To help farm families plan for the future, OSU Extension will be hosting a
Transferring Your Family Business to the Next Generation workshops across Ohio in March. These workshops will help answer the questions that often arise when planning for the future: Who will manage the business in the future? How much money will I need to make it through retirement? How do I treat each offspring fairly when it comes to dividing up our farm? How will I know if my kids are ready to take over the farm? What are the legal hoops that need to be jumped through to pass the farm on without hurting the financial standing of the farm? How can we plan so the farm will be profitable for multiple generations? Is there enough equity in the farm that I can retire without selling out? These workshops will help you develop a plan for the future, discover ways to increase family communication, make plans for retirement, and learn strategies for transferring management skills and the farm’s assets from one generation to the next.
Programs will be held in Ashtabula, Erie, Muskingum, Tuscarawas, Clermont or Defiance counties. If you are interested in attending one of these workshops, please contact the host county extension office to receive registration information.
Workshop Locations
Erie County- March 11, 2010 (one-day session)
Call 419-668-8219 for more details.
Defiance County – March 15 & 18, 2010
Call 419-782-4771 for more details.
Muskingum County – March 16 and 23, 2010
Call 740-454-0144 for more details.
Ashtabula County- March 22 & 29, 2010
Call 440-576-9008 for more details.
Tuscarawas County- March 23 & 24, 2010
Call 330-339-2337 for more details.
Clermont County- March 25 & 26, 2010
Call 513-732-7070 for more details.
Farm Families are urged to contact the host locations as soon as possible as the registration deadlines for ach of these programs is nearing.