NDSU to host succession planning workshops
October 13, 2016
Farm/Ranch Succession Planning Workshops Set
The workshops will help shape the future of the family farm or ranch.
Many North Dakota farmers and ranchers are approaching retirement age but aren't sure how to transition their operation to the next generation, while beginning farmers and ranchers want to secure their future in agriculture.
In many cases, generations of farmers or ranchers are working together but have yet to take the needed steps toward succession planning.
To help all of them develop a plan, the North Dakota State University Extension Service is offering Design Your Succession Plan workshops at several locations throughout the state in the next six months.
The workshop will help farm and ranch families explore what they want for their business, whether that's transferring a viable business to the next generation or deciding how to divide the farm or ranch assets. The workshop also gives the owner and identified successor generation an opportunity to begin shaping the future ownership of the family farm or ranch – the family legacy.
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Participants also will learn how to discuss the succession issue with the family, get started on developing a succession plan, and choose and work with legal and financial professionals who will help ensure the plan is workable. By beginning the planning process at this workshop and continuing it at home, families could save money by being more prepared to visit with professionals.
Here are the locations, dates and times of the workshops, along with contact information for the Extension agents who can provide more details:
Devils Lake – Oct. 27, Nov. 3 and 10, 6 p.m., Armory Meeting Room; contact Brenda Langerud, 701-662-7027 or firstname.lastname@example.org
Dickinson – Nov. 1 and 3, 5:30 p.m., Dickinson Research Extension Center; contact Samantha Roth, 701-456-7665 or email@example.com
Towner – Nov. 14, 17 and 21, 5:30 p.m., NDSU Extension Service's McHenry County office; contact Callie Johnson, 701-537-5405 or firstname.lastname@example.org
Langdon – Nov. 15 and 17, 5:30 p.m., Langdon Research Extension Center; contact Macine Lukach, 701-256-2560 or email@example.com
McClusky – Nov. 17, 21 and 22, 5:30 p.m., Sheridan County Courthouse; contact Nicole Wardner, 701-363-2242 or firstname.lastname@example.org
Kindred – Nov. 21 and 28, Dec 5, 5:30 p.m., Kindred City Hall; contact Rita Ussatis, 701-241-5700 or email@example.com
New Rockford – Nov. 21 and 28, Dec. 1, 6 p.m., NDSU Extension Service's Eddy County office; contact Tim Becker, 701-947-2454 or firstname.lastname@example.org
Wishek – Nov. 21 and 28, Dec. 5, 5:30 p.m., Raile Insurance Building; contact Crystal Schaunaman, 701-288-5180 or email@example.com
Jamestown – Nov. 29, Dec. 5 and 6, 5:30 p.m., NDSU Extension Service's Stutsman County office; contact Alicia Harstad, 701-252-9030 or firstname.lastname@example.org
Watford City – Nov. 29, Dec. 1 and 6, 1:30 p.m., NDSU Extension Service's McKenzie County office building; contact Marcia Hellandsaas, 701-444-3451 or email@example.com
Washburn – Dec. 6, 8 and 13, 6 p.m., North Dakota 4-H Camp; contact Calandria Edwards, 701-462-8541 or firstname.lastname@example.org
Williston – Dec. 6 and 13, 1:30 p.m., Williston Research Extension Center; contact Danielle Steinhoff, 701-577-4595 or email@example.com
Napoleon – Jan. 3, 9 and 10, 2017, 6 p.m., Logan County Courthouse; contact Sheldon Gerhardt, 701-754-2504 or firstname.lastname@example.org
Cavalier – Jan. 9 and 10, 2017, 6 p.m., Pembina County Courthouse; contact Samantha Lahman, 701-265-8411 or email@example.com
Elgin – Jan. 10, 13 and 17, 2017, 11 a.m. Mountain time, Community Center Meeting Room; contact Katie Wirt, 701-622-3470 or firstname.lastname@example.org
Grand Forks – Jan. 17, 24 and 31, 2017, 5:30 p.m., NDSU Extension Service's Grand Forks County office; contact Willie Huot, 701-780-8229 or email@example.com
Minot – Feb. 7 and 9, 2017, 5:30 p.m., Ward County Administration Building; contact Paige Brummund, 701-857-6444 or firstname.lastname@example.org
Oakes – March 14 and 16, 2017, 6 p.m., Oakes Ambulance Training Facility; contact Breana Kiser, 701-349-3249, ext. 2, or email@example.com