The Roundup -

Succession Planning Workshop for Farm and Ranch Families

 


Area farmers and ranchers are invited to Design Your Succession Plan workshop, which will be held in Watford City on Dec. 1, 3, and 10 at the McKenzie County Courthouse. Classes will start at 5:30 p.m. CT and will conclude by 8:30 p.m. An optional lite supper will be served at 5 p.m. Cost to attend is $150.00. Additional family members can attend at a cost of $100.

Registrations can be taken at http://www.bit.ly/DYSPreg. They can also be mailed to the North Dakota State University Extension Service in Fargo. This program is sponsored by the NDSU Extension Service in McKenzie County.

Design Your Succession Plan will help you explore what you want for your business, how to discuss it in the family and how to get started creating a succession plan. It also will help you choose and prepare to work with professionals who will make the plan legal and viable.

This program will explore the four components of succession planning: planning for your business, retirement, transition and estate.

You will be prepared to communicate, write, plan, vision and shape the legacy of your family farm/ranch business as well as save hundreds of dollars by completing these crucial planning steps before visiting with professionals.

You will receive a resource binder and a workbook to use during and after the sessions.

For more information and to receive a registration brochure, please contact the McKenzie County Extension Office at 701-444-3451 or go to http://www.bit.ly/DYSPreg.

 

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