Professionals in the agricultural industry will be providing valuable information to farm business owners who are looking to retire, scale back from farming, or looking to transition from a farm business to take on another adventure.
These workshops presented by PA Farm Link. PA Farm Link, a non-profit dedicated to “Linking Farmers to the Future”, will provide information on various aspects of creating a Farm Business Succession/Transition plan. Often farm families start to discuss passing the farm business to the next generation, but get “stuck” on how to proceed. These workshops will help work through some of the myths and stumbling blocks of moving forward with a farm succession and transition plan.
Topics covered will include: Succession/Transition from a Legal Perspective; Goals & Needs of Farm Family Members; Financial Challenges of Succession Planning; and Challenges and Successes of Farm Succession.
Speakers will include: Ms. Amanda Knackstedt from MidAtlantic Farm Credit; PA Farm Link; and Attorney Jody Leighty, Stock & Leader.
Speakers will answer questions and breakout sessions will be held. Certified International Farm Transition Network facilitators will be available to assist families in planning the next steps. Participants will be encouraged to ask questions, and will be given a list of potential resources in the area to provide future assistance with a farm succession/transition plan.
Included in the workshop is a copy of: “Planning the Future of Your Farm” Pennsylvania Edition (normally sold for $10.60 per copy).
Farm Succession Workshop Agenda:
12:45 PM Registration
12:55 PM Introductions
1:00 – 1:30 PM Farm Succession & Goals & Needs of Farm Family Members
Mrs. Darlene Livingston, PA Farm Link
1:30 – 2:00 PM Financial Challenges of Succession Planning
Ms. Amanda Knackstedt, MidAtlantic Farm Credit
2:00 – 2:45 PM Business, Legal & Tax Implications of Succession Planning
Attorney Jody Leighty, Stock & Leader
2:45 – 3:00 PM Break & Local Snacks
3:00 – 3:45 PM Farmer Panel - Challenges and Successes of Farm Succession
Mr. Jason Slipp, Spring Hill Farm
Mr. Anton Shannon, Good Work Farm
3:45 – 4:30 PM Meeting Everyone’s Needs
Mrs. Darlene Livingston & Faciliators
Breakout Sessions – A. Connecting Young Farmers to Landowners
B. Farm Family Succession Planning
4:30 – 4:45 PM Evaluation & Farm Family Meeting Opportunities with Facilitators
*Farms are welcome to meet with a facilitator prior to leaving