The OSU Extension offices in northeast Ohio invite you to participate in a Planning for the Future of Your Farm workshop on August 22, 2024 from 9:00 a.m. to 4:00 p.m. at the Trumbull County Extension office in Cortland, Ohio. This workshop is designed to help farm families learn strategies and tools to successfully create a succession and estate plan that helps you transfer your farm’s ownership, management, and assets to the next generation. Learn how to have the crucial conversations about the future of your farm.
Click here for registration flyer
Workshop topics include: Developing Goals for Estate and Succession; Planning for the Transition of Control; Planning for the Unexpected; Communication and Conflict Management; Legal Tools and Strategies; Developing Your Team; Getting Your Affairs in Order; and Selecting an Attorney.
Our teaching team will help answer the following questions and much more!
- Who should we leave the farm to?
- How do we prepare the next generation to manage the farm in the future?
- How can we overcome family communication issues?
- How do we value sweat equity?
- What is the difference between a will and trust?
- Will I lose my farm to estate taxes or to the nursing home?
- What do we need to do to be better prepared to meet with an attorney and other professionals?
- What resources does OSU Extension have to assist us as we develop our plan?
Event sponsors include OSU Extension – Ashtabula, Trumbull & Geauga Counties, Farm Financial Management & Policy Institute and the Hertzer Family Trust. The featured speakers will be David Marrison (OSU Extension Field Specialist, Farm Management), Robert Moore (Attorney, OSU Agricultural and Resource Law Program) and Lee Beers (OSU Extension Educator, Agriculture and Natural Resource)
The registration fee is $25 per person which includes lunch, refreshments, and course materials. Registration deadline is August 16, 2024. This program is made possible at a discounted rate due to the generous support from the Hertzer Family Trust.
More information can be obtained by contacting Lee Beers at the Trumbull County Extension office at 330-638-6738 or via email at beers.66@osu.edu.