Contact:
Colleen Settle
317-692-7822
317-242-8907
csettle@infb.org
(Indianapolis) – June 5, 2024 – Registration is now open for Indiana Agricultural Law Foundation’s (INAgLaw) 2024 Estate & Succession Planning for the Family Farm workshop. The annual program is targeted toward family farmers and attorneys and will be held via virtual webcast on Friday, July 19 from 9 a.m. to noon Eastern Time. The webinar is free of charge for all attendees.
According to the U.S. Department of Agriculture’s (USDA) 2022 Census of Agriculture, 51% of Indiana producers say they are involved in estate planning or succession planning, with the average age of an Indiana producer being 56 years old.
“It’s critical that families create their succession plans before they’re needed,” said John Shoup, director of INAgLaw. “With only about half of farmers in Indiana stating they have some sort of plan, it is evident that the conversation of transitioning the farm to the next generation can be difficult to navigate. This program is designed to encourage family members to have intentional conversations around farm succession and provide tools to develop plans for a successful transition.”
The 2024 session topics and speakers include:
“The session topics provide practical information from experts in their fields on a variety of different subjects that can arise during the succession planning process,” explained Shoup.
The virtual workshop is open to anyone interested in understanding the importance of estate and succession planning to their business. Participants will walk away with valuable tips for getting started. Attendees also will have time to ask questions after each presentation.
Registration for the event is required. Attendees may register at www.infb.org/events through Wednesday, July 17. CLE credits are being sought for attending attorneys.
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About INAgLaw: The Indiana Agricultural Law Foundation is a 501(c)(3) charitable organization established in 2005 by Indiana Farm Bureau. Indiana farmers operate in a complex legal environment. Federal, state and local laws, statutes and regulations present difficult challenges to Indiana agriculture. Navigating the legal landscape has become an essential facet of modern agriculture. Through its existence, INAgLaw has effectively promoted a better understanding of legal issues facing Indiana agriculture through support of precedent-setting litigation and educational programming.