By: David L. Marrison, Ag & NR Extension Educator
Click here for the registration flyer
As the age of farm operators increases, transferring the ownership and management of the family farm will become one of the most important issues farm families will face. This workshop has been designed to help farm families in Northeast Ohio plan for the transfer of their family farm. To help farm families plan for the future, OSU Extension will be hosting a Transferring Your Farm Business workshop on August 23, 2011 from 9:00 a.m. to 4:30 p.m. at the OSU Extension Office in Trumbull County located at 520 West Main Street in Cortland.
This workshop will challenge you to actively plan for the future. Farm families are encouraged to bring members from each generation to this workshop. Kick off your estate planning discussion with the tools offered at this workshop. Learn from the estate transfer nightmares encountered by other farm families. This workshop is one which will help you develop a plan for the future, discover ways to increase family communication, and learn strategies for transferring management skills and the farm’s assets from one generation to the next.
Some of the topics which will be addressed include: Getting the Family to Talk About Estate Planning, Getting Your Affairs in Order, How to Use Farm Business Arrangements in Estate Planning, Estate and Transfer Strategies, Providing Income for Multiple Generations, How Do I Treat Each Offspring Fairly When It Comes to Dividing up our Farm, and Long-Term Care Issues.
The workshop teaching team will include: David Marrison, OSU Extension Educator in Ashtabula & Trumbull Counties, Dr. Chris Bruynis, OSU Extension Educator in Wyandot County; Dr. Jim Skeeles, OSU Extension Educator in Fairfield County, and Paul Wright & Robert Moore, Attorneys-Wright Law Company. Registration will begin at 8:30 a.m.
Registration fee is $50 for the first family member. This fee includes morning refreshments, lunch, program handouts and a great family resource notebook. Additional family members are encouraged to attend for $15 per person (includes refreshments, lunch, and program handouts). Pre-registration is required by August 15 and registrations are limited to the first 60 attendees. Make checks payable to OSU Extension and mail to OSU Extension, 520 West Main Street, Suite 1, Cortland, Ohio 44410. If you have any questions please call 330-638-6783 or email David Marrison at marrison.2@osu.edu This workshop is being sponsored by the OSU Extension offices in Ashtabula, Cuyahoga, Geauga, Lake, Lorain, Medina, Portage, Summit, & Trumbull counties.