Estate planning and farm transitions workshop to be held in Rapid City | TSLN.com

Estate planning and farm transitions workshop to be held in Rapid City

SDSU Extension will host the 2014 Sustaining the Legacy-Estate Planning and Farm Transitions Workshop to be held in Rapid City March 17, 24 and 31 at the SDSU West River Ag Center located at 1905 Plaza Blvd., Rapid City, 9 a.m. to 3 p.m. MDT each day.

Providing tools that farmers and ranchers can take with them and use to create their estate and transition plans is the focus of the three-day conference. Different topics are covered each day and include: wills and probate, trusts, life insurance, long term care insurance, business structures and many more.

"Every family farming and ranching operation has different goals for their transition, making this a very hard plan to develop," said Heather Gessner, SDSU Extension Livestock Business Management Field Specialist. "We can ask our neighbors about the weed management program they use and easily adapt it to our own operations. The estate and transition plan can't be implemented that way – it is unique to each operation and situation."

Producers will also learn where they can go for assistance in creating their plan, as estate planning professionals are part of the educational program. "Once a producer knows about the tools available, the next challenge is knowing where to go for professional assistance to apply them. By collaborating with area professionals, producers have the chance to interview potential members of their estate/transition planning team." Gessner says.

Registration deadline is March 10

Registration is required for the program and is due March 10, 2014. The fee is $75 for the first family member and $50 per additional person attending. The brochure can be found under the events listing on http://www.igrow.org, or http://igrow.org/events/sustaining-the-legacy-estate-planning-and-farm-transitions-rapid-city/.

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Sustaining the Legacy is sponsored in part by the South Dakota Soybean Research and Promotion Council.

More information, contact Heather Gessner at the SDSU Extension Regional Center in Sioux Falls, 605-782-3290, heather.gessner@sdstate.edu. F

–SDSU Extension

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