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 Knowledge for the CommonWealth

The Farm Transition Management Workshop Series

Farm Business Management Update, October/November 2005

Five Consecutive Mondays: Oct. 24, Oct. 31, Nov. 7, Nov. 14, Nov. 21, 2005

Virginia Cooperative Extension, in cooperation with NC State University Cooperative Extension, Virginia Tech and the North Carolina Farm Transition Network, Inc, will conduct a one day seminar addressing farm business succession planning on October 14th at Evers Restaurant in Mt. Crawford.

This seminar will provide an overview of the farm transition process for farm family members interested in learning more about the efficient transfer of farm operations between generations. The seminar will be followed by a five-part series of in-depth workshops for those who would like to develop a farm transition plan for their farm business.

People who would like to develop a Farm Transition Plan specifically for their farm are encouraged to attend the one day seminar AND all of the five-part workshop series that will be held on consecutive Mondays from October 24 - November 21.

Driving Directions are on the last page.

AGENDA: Oct. 14th "A Comprehensive Approach to Farm Business Succession Planning" Seminar
9:00 Registration and Coffee

9:30 Welcome and Introduction to Farm Succession Planning and Risk Management

10:00 Initiating the Process - Communication, retirement, disability and estate planning

11:00 Evaluating the Business - How many will it support?

Noon Lunch

1:00 Farm Transition Stages - Sharing income and transferring assets and management

2:00 The Business Structure - Which one to choose and when?

3:00 Tying it all together

3:30 Adjourn

Support for this program provided by: Virginia Farm Bureau, Southern Region Risk Management Education Center, Virginia Department of Agriculture and Consumer Service, and the North Carolina Farm Transition Network.

Please See the Enclosed For Information on the Workshop Series and Registration. Registration Deadline is October 7, 2005

Download Packet - PDF

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