What happens if you die tomorrow? Or next week? One Master Farmer tells us that many years ago, he found out the answer to that question. He was glad his business partner and himself completed implicit, legal plans at the lawyer's office only a few weeks before the partner passed away unexpectedly. In fact, he shudders to think what the consequences might have been of not having everything spelled out in case of the death of either of the partners in a large farming business.
If you haven't taken that step, or if you have but aren't satisfied you spelled out as many details as perhaps you should have, there's an opportunity to find out coming before winter ends and spring planting begins. In fact, there are eight such opportunities to attend meetings sponsored by Purdue Extension. Gerry Harrison, of the Purdue University Ag Econ Department, a lawyer by trade, has spent 37 years helping families with estate and family business transfer planning education. He's the key leader behind presenting this series of meetings coming up beginning next month.
The program is geared toward individuals, farmers, landowners, professionals and family businesses who will face these issues sooner or later, Harrison says. The goal is to help those who attend understand the need and learn how to make plans for transfer of property interests from one generation to the next.
Eight counties are slated to hold meetings, allowing relatively easy access to a meeting for everyone within the state. Meeting dates, host county and location include:
Feb. 18, Clay County, at the Clay County Fairgrounds in Brazil;
Feb. 22, in Spencer County at the Spencer County Fairgrounds near Chrisney;
Feb. 22 & 24, a two-part series of evening programs, in Lawrence County at the Lawrence County Fairgrounds west of Bedford;
Feb. 23- in Gibson County, with the meeting slated to be held at the Gibson County Courthouse South Annex in Princeton;
Feb. 25- Johnson County, at the new Johnson County Extension Office located on the Johnson County Fairgrounds in Franklin;
March 1- in Steuben County, at the Steuben County Community Center in Angola;
March 2- in Noble County, at the Noble County Complex, Albion
March 3- in Allen County, at the Allen County Extension Office in Ft. Wayne.
Pre-registration is required. Contact Gerry Harrison, email preferred, at [email protected], or by phone at 888-398-4636, ext 44216. You will also find registration forms at: www.agecon.purdue.edu/extension/programs/index.asp