extension news notice

Purdue Extension: Expert Resources for COVID-19

Keeping the Farm Resilient & Purdue Extension Offering Virtual Inheriting Farmland Workshop

January 11, 2021
So you've inherited a farm

Keeping the Farm Resilient

The Purdue Succession Planning Team will be hosting a program series focused on “Keeping the Farm Resilient in Uncertain Times.” The program will be a 3 night virtual program series taking place on February 8th, 15th and 22nd from 6:30 – 8:30 pm EST. The fee for the program will be $30 per family.

The February 8th session will be highlighting how to “Adapt and Plan in Uncertain Times,” as well as a look into your farms financial feasibility and how prepared it might be for a successful succession plan. February 15th will focus on “Selecting the Right Business Structure to Hold, Protect and Transfer Assets.” The series wraps up on February 22nd on improving communication strategies of farm families. These sessions will be taught by Purdue Extension specialists and legal experts.

If you are interested in this program series, please reach out at awestfal@purdue.edu and the registration link will be available soon.

Purdue Extension Offering Virtual Inheriting Farmland Workshop

The Purdue Extension Land Lease Team invites those who have inherited or might inherit farmland soon to attend “So You’ve Inherited a Farm, Now What?” The two-session virtual workshop will be offered 6:30-8:30 pm. (ET) on January 21st  and January 28th.

Adapted from a University of Nebraska Extension program, the series will discuss best strategies for managing farmland and farm assets. Presenters include Purdue Extension educators and Indiana attorney Kent Frandsen, who will discuss legal aspects and decisions to inherit a farm for your family.

The workshop will explore the following: property options and financial implications, land management, legal aspects, lease considerations, and strategies for dealing with family and communication issues.

The registration fee is $25 per person, household or farm. Registration is due by January 19th. To register, seek accommodation requests or for more information, contact Kelly Heckaman at 574-372-2340 or kheckaman@purdue.edu.


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