SDSU Extension will be hosting programs for farm transition planning on Feb 13, 20, and 27 from 10 AM - 4 PM CST each day at the Pierre Regional Extension Center (412 W. Missouri Ave., Pierre, SD 57501).
Passing the family farm or ranch operation on to the next generation is the topic of the Sustaining the Legacy programs planned by SDSU Extension.
Topics will include: wages and salary compensation, policy creation, creating a business structure, how life insurance, trusts and other tools can aid with the transition, new tax laws and others related to passing the operation to the next generation.
Each day will run 10:00-4:00 with lunch and breaks provided.
Registration for the event is $100 for up to 5 family members. To register, mail a check for $100 to SDSU Extension, Attn. Heather Gessner, 2001 E. 8th Street, Sioux Falls SD, 57103. Include the names and contact information for all attendees. Registration due 5 days before the session starts. If you have questions contact Gessner at 605.782.3290.