Registration is now open for Indiana Agricultural Law Foundation’s (INAgLaw) 2024 Estate & Succession Planning for the Family Farm workshop.
The annual program is targeted toward family farmers and attorneys and will be held via virtual webcast from 9 a.m. to noon July 19.
The webinar is free of charge for all attendees.
According to the U.S. Department of Agriculture’s 2022 Census of Agriculture, 51% of Indiana producers say they are involved in estate planning or succession planning, with the average age of an Indiana producer being 56 years old.
“It’s critical that families create their succession plans before they’re needed,” said John Shoup, director of INAgLaw. “With only about half of farmers in Indiana stating they have some sort of plan, it is evident that the conversation of transitioning the farm to the next generation can be difficult to navigate. This program is designed to encourage family members to have intentional conversations around farm succession and provide tools to develop plans for a successful transition.”
Session topics and speakers include:
- Farm Succession Planning – The Basics. Presented by Clint Fischer, Ribstein & Hogan Law Firm.
- Hot Topics in Farm Estate Planning. Presented by Dan Gordon, Gordon & Associates, P.C.
- Protecting Your Family’s Inheritance from Long-Term Care Costs. Presented by Michelle Adler, Gordon & Associates, P.C.
- Marriage and Protecting Farm Assets. Presented by Jennifer Hughes, Church Church Hittle & Antrim.
“The session topics provide practical information from experts in their fields on a variety of different subjects that can arise during the succession planning process,” Shoup said.
The virtual workshop is open to anyone interested in understanding the importance of estate and succession planning to their business. Participants will walk away with valuable tips for getting started. Attendees also will have time to ask questions after each presentation.
Registration for the event is required. Attendees may register at www.infb.org/events through Wednesday, July 17. CLE credits are being sought for attending attorneys.
The Indiana Agricultural Law Foundation is a charitable organization established in 2005 by Indiana Farm Bureau.