Managing for Today and Tomorrow: Succession, Business, Estate and Retirement Planning for Farm and Ranch Women

Friday, February 5, 2016, 10:00 AM - 2:30 PM
Friday, February 12, 2016, 10:00 AM - 2:30 PM
Friday, February 19, 2016, 10:00 AM - 2:30 PM
Friday, February 26, 2016, 10:00 AM - 2:30 PM

What will happen to your family farm business in the future? How will you retire? What if you or your spouse become disabled and unable to manage the business? Join CCE Ulster County and area experts in estate law, retirement planning and farm and business transfer for a 4 session program, Managing for Today and Tomorrow, one of the programs offered by the New York Annie's Project.

The MTT curriculum provides participants with the tools and resources to help begin the process of farm transitioning to the next generation and/or to an appropriate farm business ownership. Participants will learn about business, estate, retirement, and succession planning from area professionals, legal advisors and subject matter specialists, most of whom serve agricultural clientele in their respective communities. Pertinent discussions accompany presentations including follow-up activities for family members to address at home.

Thanks to a generous grant from the Duke Foundation through the AFT Farmlink Program, the registration fee in Ulster County will be reimbursed for participants who complete at least 3 sessions, but spaces are limited.

To register: use printable registration form here MTT Registration Form.

Annie's Project is a nationally recognized educational program grown from its inception to serve over 12,000 farm women in 33 states. (http://www.anniesproject.org/). It is designed to empower farm and ranch women to be better farm business managers, enhance conservation practices and agricultural sustainability, contribute to their rural communities, and be a positive influence on family decision-making.

Fee

$100 (registration fee can be reimbursed upon completion of the program) but lunch and all materials are included.

Location

CCE Ulster
232 Plaza Road (Hannaford Plaza)
Kingston, New York 12401

Last updated May 27, 2016

Program Sponsors

This program is sponsored by Cornell Cooperative Extension, and supported in part by the Northeast Extension Risk Management Education Center, the USDA National Institute of Food and Agriculture (NIFA) award number 2012-49200-20031, CoBANK, Farm Credit East, New York FarmNet, NYS Agricultural Mediation Center, NYS Workforce Development Institute, New York Agri-Women, Inc. and locally by the Doris Duke Foundation through a grant to the AFT Farmlink Program and the Local Economies Project.

What is Transition Planning?

Transition Planning is the process of creating and implementing an overall strategy to move the farm or ranch business from one generation to the next. It is challenging for many farms to continue as productive agricultural businesses beyond the life of the current owners. This creates the need for a gradual and carefully planned shift to new owners; whether to family heirs or non-related persons. Farm families make important transition decisions through succession, business, estate, and retirement planning.