Farm Succession Planning Workshop
Schedule
Thu Oct 10 2024 at 09:00 am
UTC-05:00Location
Hyatt Place Champaign/Urbana | Champaign, IL
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Join Illinois Farmers Union for this special one-day event on farm succession planning. Whether you are a land holder planning for your farm's legacy, or a land seeker looking to establish your roots, this event will help you navigate the challenges in succession planning from both angles. Participate in hands-on workshops designed to address specific challenges faced by family farmers:Legal Considerations: understand the legal frameworks involved in succession planning such as wills and trusts, and the relevant laws and regulations that may affect the transfer of ownership and assets.
Estate Planning and Tax Strategies: learn how to pick the best transfer and asset protection tools for your situation in order to minimize tax liabilities
Family Communication and Conflict Resolution: learn the best practices for facilitating effective communication, how to address potential conflicts, and how to foster a collaborative approach to decision-making.
Conservation Options: your farmland is more than a business; land protection and estate planning go hand-in-hand. Learn about the various land protection options that can be integrated into your estate planning process.
You should attend if...
- You are an established farmer preparing for a generational transition
- You are a young farmer preparing to inherit your family operation
- You are a new farmer
Contact Lisa Buckner at [email protected] with any questions regarding this event.
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Where is it happening?
Hyatt Place Champaign/Urbana, 217 N Neil St, Champaign, IL 61820-4012, United States,Champaign, IllinoisEvent Location & Nearby Stays:
