Farm Transition and Estate Planning Workshop
The University of Minnesota Extension Service and Minnesota State Colleges and Universities will be sponsoring an introductory workshop on farm transition and estate planning. Some of the topics that will be covered include Family Communications, Farm Goal Setting, Business Structures, retirement plans, Mechanisms for inheritance and transition and Farm Business Management Program.
The workshop will be held on Thursday November 21, 2019 from 9:30 am to 3:30 pm at the Elko New Market Library 110 J. Roberts Way. The workshop is free and includes lunch if you have pre-registered. Space is limited so register soon. You can register online at: z.umn.edu/transitionelkonewmarket. For assistance contact Katie Car at 612-624-7182. If you have questions about the workshop email Megan Roberts: firstname.lastname@example.org.
In the picture is the farm I grew up on. It was taken by a neighbor a few days after Dad died 4 years ago. I have 6 brothers and sisters who are not involved in the farm. Dad and Mom had all their estate planning done and all the children had a copy of it. Everyone knew how things would go when Dad died and when Mom dies. All of the children got along before and we still get along today! I am always sad when I hear about families fighting about money and inheritances. That does not have to be your family if you take care of your estate plan!