STATE

Farm succession, estate planning series to be held

UW-Extension
Fond du Lac County

LOMIRA - UW-Extension Fond du Lac, Dodge, Washington and Ozaukee counties will host the series “Cultivating Your Farm Business’s Future,” to provide information on future-farm succession, retirement and estate planning beginning Thursday, Jan. 11, at the Golf Club at Camelot, State 67, in Lomira. 

A tractor in a field.

Farm succession from one generation to the next can be overwhelming for families when added to the daily decisions necessary to run the farm. If a farmer is lucky, succession will be something experienced just twice in a lifetime: once when first taking over the business and again when passing it on to the next generation.  

Farm succession requires early planning and good communication. The three-part series consisting of one-day and half-day meetings will focus on some of the most important considerations as farm families plan for the future.

The one-day meeting on Thursday, Jan. 11, will discuss farm business succession. It will focus on the details for farm business transition retirement topics. Whether one has a successor or not, this planning is important for one’s later years. 

The half-day meeting on Thursday, Feb. 8, will discuss estate planning and important topics to be considered during the process. 

The half-day meeting on Thursday, Feb. 15, will discuss retirement planning and focus on how it can be impacted by farm succession. 

Registration fees are changed for each meeting and available per person or per couple. Registration for each individual sessions are due one week prior to the workshop. Fee includes meals, speaker fees and a resource guide for each individual. This program is based upon work supported by USDA/NIFA under Award Number 2015-48200-24226.

For more information, or to register, for the “Cultivating Your Farm Business’s Future-Farm Succession, Retirement & Estate Planning Series” visit fyi.uwex.edu/dairy to view a copy of the flier. Questions can also be directed to UW-Extension Fond du Lac County Dairy & Livestock Agent Tina Kohlman at 920-929-3180; Dodge County Agriculture Educator Amanda Young at 920-385-3790; or Washington/Ozaukee County Agriculture Educator Steph Plaster at 262-335-4482.