OSU Extension Agriculture and Natural Resources educators Will Hamman (Pike County), David Dugan (Adams County) and James Morris (Brown County) will be hosting an estate planning and farm transitioning seminar in the “Round Room” at North Adams High School located at 96 Green Devil Drive in Seaman.
The four-part series will address topics to help individuals to prepare their family, estates and businesses for the future. The series dates are Nov. 14 and Dec. 18, 2019, and Jan. 16 and Feb. 6, 2020. Each class will be held from 6:30 to 9:30 p.m.
Topics include the following:
• Week One: a general overview of classes, as well as presentations by a family consumer sciences educator, funeral director, insurance representative and a financial planner.
• Week Two: David Marrison of OSU Extension will discuss the challenges of farm transition planning, strategies for moving forward, and getting one’s affairs and goals in order.
• Week Three: Peggy Kirk Hall of the OSU Agricultural and Resource Law Program, along with Robert Moore of Wright & Moore Law Company, will explain non-probate transfers, trusts and other legal tools for addressing general, farm-related and family-related planning goals.
• Week Four: Hall and Moore will discuss the role of business entities in transition planning, as well as strategies for transferring livestock, machinery and management to the next generation.
“The series would be important for anyone owning a business or farm to attend because the series will help prepare them to transition that business or farm into the future to be most successful,” said Hamman. “It will cover the many options that they have and help outline the legal tools and resources that can be used. It is not limited to just business and farm owner ... but there will be a strong farm and business influence.”
Snacks and refreshments will be available at the sessions.
The cost of registering is $25 for the first family member and $10 for additional family members if registering before Nov. 1. If registering after Nov. 1, the cost is $50 for the first family member and $20 for additional family members. The fees cover the cost of supplies needed for all four meetings.
To register, contact Barbie Rowe at the Adams County Extension office by phone at 937-544-2339, or email at firstname.lastname@example.org .
For more information, contact Will Hamman by phone at 740-289-2337 or email at email@example.com ; David Dugan at 937-544-2339 or firstname.lastname@example.org ; or James Morris at 937-378-6716 or email@example.com .