University of Maryland Extension

Investing in Your Farm's Future Session 4

Image of farm with text covering details of the sessions.  Details below in text
When: 
Thursday, Aug. 27, 2020 - 6:00pm to 7:30pm
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Where: 
Online webinar
Address: 
Department of Agricultural and Resource Economics
2200 Symons Hall
University of Maryland
College Park, MD 20742
United States
Event Type: 
Presenter: 
Mayhah Suri and Paul Goeringer
Description/Notes: 

Each year, the average age of principal farm operators continues to get just a little bit older. Many of these principal operators may not have developed a retirement plan, considered how to handle health care issues as they age, developed a succession plan, or even developed an estate plan. Join specialists from the University of Delaware Extension and the University of Maryland Extension as they help prepare you for this process.

Sessions will occur Thursday nights in August from 6 pm to 7:30 pm Sessions include:

Session 4: August 27 - SMART goal setting, example of farm diversification, farm succession and estate planning tools, how to interview your team, and wrap up.

Now comes the time to start thinking about possible tools and understand the tools that will be used in your possible estate plan and succession plan. At the same time, many of you may struggle with how to select team members to help you develop these plans. This session will cover the basic tools, provide tips for interviewing team members and provide a wrap up to the webinar series.

 

Cost: 
Free
Contact: 
Paul Goeringer
Contact Email: 
lgoering@umd.edu
Contact Phone: 
4056122112
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