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Design Your Farm Succession Plan
Online Zoom Series - Register by Thursday, Sept. 30th
The program will run on (4) Thursdays from 6:30pm - 8pm, October 8, 15, 22. and 29
How will your family farm operate in the future when the owner retires or is gone? Are you currently working with another generation who may be questioning their role in the future of the farm, or are you yourself questioning your current role?
More than 80% of farm families hope to pass the family farm on to the next generation, but research shows just 30% of family farms survive to the second generation, and only 12% survive to a third generation. A successful transition to the next generation takes careful planning.
To help NYS farm families start their succession planning process, CCE educators will utilize a new interactive program designed by North Dakota State University Extension, "Design Your Succession Plan to provide tools and resources to begin the succession planning process.
Participants will have an opportunity to open lines of communication with family to create a shared vision for the family business. They also will learn to choose and work with professional attorneys, accountants, lenders, insurance agents, and tax experts to construct a plan and documents that put the family's vision into action.
This program will be offered via Zoom. Cost is $60 per farm family and includes a workbook valued at $20. REGISTER BY THURSDAY, SEPTEMBER 30 to receive the workbook in time.
Register here>> https://reg.cce.cornell.edu/dsp_230
In NYS, the program will be offered as a 4-evening remote course via Zoom in conjunction with an online learning platform used between meetings. The program will run on (4) Thursdays from 6:30-8pm, October 8, 15, 22. and 29. Contact your local CCE educator. Additional Details can be found here