University of Maryland Extension

estate planning

Investing in your Farm’s Future - Lower Shore

Monday, Mar. 9, 2020 - 8:30am to 3:00pm
Somerset County Extension Office
This winter, the Department of Agricultural and Resource Economics (AREC) is partnering with the Agriculture Law Education Initiative (ALEI) and the University of Maryland Extension to host a series of one-day farm succession workshops around Maryland. As of 2017, the average age of principal farm...

Investing in your Farm’s Future - Carroll County

Friday, Jan. 31, 2020 - 8:30am to 3:00pm
Carroll County Extension Office
This winter, the Department of Agricultural and Resource Economics (AREC) is partnering with the Agriculture Law Education Initiative (ALEI) and the University of Maryland Extension to host a series of one-day farm succession workshops around Maryland. As of 2017, the average age of principal farm...

Who’s Up Next? Extending Your Stewardship Beyond Your Tenure

Friday, Mar. 29, 2019 - 1:00pm to 4:30pm
Western Maryland Research & Education Center
As a woodland owner, you care for your land and its future. Our next Forestry Friday workshop will provide strategies and considerations for planning for the future of your woodland beyond your tenure. The professionals at this workshop will address your questions & concerns about passing on...

Series of Upcoming Workshops Focused on Successful Farm Transfers

Wednesday, Dec. 12, 2018 - 8:30am to 3:00pm
Wicomico County Extension Office
Series of Upcoming Workshops Focused on Successful Farm Transfers Combine harvesting wheat. Image Credit: Image by Lynda Bullock. College Park, MD – This winter, the Department of Agricultural and Resource Economics (AREC) is partnering with the Agriculture Law Education Initiative (ALEI), the...

Valuing On-Farm Heir’s Sweat Equity Is Complicated: Agreements Can Fairly Compensate On-Farm Heirs

Image of tractor working at sunrise. Image by Edwin Remsberg
Determining the value of sweat equity can be both challenging and controversial for farm families. Sweat equity arises as an issue when an on-farm heir receives payment at below market rate, and the farm business grows in size due to an on-farm heir’s below-market labors. Land in the farm may also...

Southern Maryland - Investing in Your Farm’s Future Workshop Series

Thursday, Jan. 31, 2019 - 8:30am to 3:30pm
Prince George’s County Soil Conservation District Office, 5301 Marlboro, Race Track Rd, Upper Marlboro, MD 20772
This workshops will focus on the financial aspect of farm succession planning including financial management, retirement savings, and long term healthcare. More details will be added as we develop the program.

Farm and Forestry Succession Workshop

Tuesday, Jan. 30, 2018 - 8:30am to 2:00pm
Frederick County UME Office
Join University of Maryland, MDA, Nationwide, and Alliance for the Bay for an intensive one-day workshop focused on assisting you communicate your objectives to your family and plan for a smooth and secure transition of the farm or forestry lands to future generations. To register, contact...

Farm and Forestry Succession Workshop

Tuesday, Feb. 20, 2018 - 8:30am to 2:00pm
Washington County UME Office
Join University of Maryland, MDA, Nationwide, and Alliance for the Bay for an intensive one-day workshop focused on assisting you communicate your objectives to your family and plan for a smooth and secure transition of the farm or forestry lands to future generations. To register, contact the...

Farm and Forested Lands Succession Workshop - Southern Maryland

Thursday, Jan. 18, 2018 - 8:30am to 2:30pm
15035 Burnt Store Rd, Hughesville, MD 20637
The Department of Agricultural and Resource Economics, University of Maryland Extension, The Agriculture Law Education Initiative, the Maryland Department of Agriculture, and Nationwide Insurance to provide this farm succession workshop. This workshop is sponsored by Southern Maryland Ag...

Property Ownership and Transferring Are Important Features of Your Farm Succession Plan

Many people think an estate plan is just a will, but it is much more than that. Your estate plan will typically include documents and tools to distribute your property according to your wishes following your death. When it comes to transitioning your farm or any family business to the next...

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