Keeping the farm in the family is the goal of an MU Extension Workshop to help families tackle succession planning. Several programs are planned around the state and there is a virtual program on August 10th.
Missouri Extension agricultural business specialist Wesley Tucker says it takes planning and “communication, communication, communication.”
To help families start the succession planning process and initiate communication, Tucker and an MU Extension team will lead two-hour workshops. Tucker says fear of conflict stops many families from pursuing succession plans, but sitting down together and communicating what everyone wants takes a lot of the angst out of the process.
“Keeping the family in the farm and the farm in the family is the goal of nearly every Missouri producer,” says Chris Chinn, director of the Missouri Department of Agriculture. She says “In order to do that, producers must be intentional and focused to prepare a succession plan that takes all parties and priorities into consideration. Navigating this process can be very daunting. This workshop will help answer questions while providing a road map for preparing a plan that works for your operation.”
The zoom program will be presented August 10th, Online via Zoom, The program is from 11:00 am -1:00 pm. Register at muext.us/ABPevents.
