Power Co-op Employees Credit Union

FARM SUCCESSION WORKSHOP AND ESTATE PLANNING WORKSHOP

 

 

 

Power Co-op Credit Union is offering a discounted rate to attend either of the following sessions:  FARM SUCCESSION WORKSHOP OR ESTATE PLANNING WORKSHOP.

Please contact Andrea at PCCU if you are signing up for either of these sessions and the credit union will pay half of your registration fee.  

FARM SUCCESSION WORKSHOP

LOCATION: WEBSTER COUNTY EXTENSION AND OUTREACH OFFICE

822 CENTRAL AVE SUITE 102

FORT DODGE, IA 50501

Thursday, August 11-- FARM SUCCESSION PLANNING

Supper provided at 5:30 pm

Program from 6:00-9:00 pm

· Importance of Farm Business Succession Planning

· Farm Succession Structure

· Beginning Farmer Tax Credits

· Working With an Attorney

Thursday, August 18--ESTATE PLANNING WORKSHOP

Supper provided at 5:30 pm

Program from 6:00-9:00 pm

· Language of Estate Planning

· Setting Goals

· Gift, Estate & Inheritance Taxes

· Implementing Your Estate Plan

Who will succeed you in your farm business?? Many families struggle with making succession plans. “Families say they don’t know how to start talking about farm succession. We ask them, ‘What do you have now?’ and ‘Where do you want to go?’ to get them started” 

What are your best options for transferring farm operation assets?  

“Families and individuals must plan adequately to protect assets that they have built over a lifetime of hard work.”

“This program helps participants visualize what they want for their estate plan and map out the process to achieve it.”

-Kelvin Leibold

Speakers

Kitt Tovar Jensen

Staff Attorney

Center for Agricultural Law and Taxation

Kelvin Leibold

ISU Extension and Outreach Farm and

Agribusiness Management

Thursday, August 18

Kelvin Leibold

ISU Extension and Outreach Farm and

Agribusiness Management

For questions or to register, please contact one of the following county offices:

Hamilton: 515-832-9597 … sschmitz@iastate.edu

Humboldt: 515-332-2201 …  carlsons@iastate.edu

Pocahontas 712-335-3103 …...janeab@iastate.edu

Webster: 515-576-2119 ……    lcline@iastate.edu

Why Should You Attend These Event? 

“The current owner and spouse as well as future owner and spouse need to be included in the conversations. These talks are often hard to initiate, but they are vital to creating an understanding that can be the basis for a   succession plan.”

“I hear individual family members express concerns about the future of the farm business, but many families have not  
taken the time to have those discussions   between the generations involved.”

The workshop is planned as a multi-generational event for exiting owners and spouses and succeeding owners and spouses.

“Families and individuals should plan adequately to protect assets that they have built over a lifetime of hard work. This program helps farm families plan for the future”.

-Kelvin Leibold

SAVE THE DATES!

 Registration fee includes materials, meals and refreshments.

Registration Fee for Both Programs:

$150 for Family of 4 OR $50 Per Person

Register here:

https://go.iastate.edu/2GMBX0

 

 

© 2022 Power Co-op Employees Credit Union. All rights reserved.