NDSU Extension Service - McLean County

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Design Your Succession Plan

When Mar 07, 2017 06:00 PM to
Mar 14, 2017 09:00 PM
Where McLean Courthouse, Washburn, ND
Contact Name
Contact Phone 701-462-8541
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The first step is the hardest. Creating a succession plan takes time, effort, family communication and working with professionals. Design Your Succession Plan will help you explore what you want for your business, how to discuss it in the family and how to get started creating a succession plan. It also will help you choose and prepare to work with professionals who will make the plan legal and viable. This program will explore the four components of succession planning: planning for your business, retirement, transition and estate. You will be prepared to communicate, plan, vision, write and shape the legacy of your family farm/ranch business, as well as save hundreds of dollars by completing these crucial planning steps before visiting with professionals. You will receive a resource binder and workbook to use during and after the sessions. Starting the workbook during class will give you a jumpstart on your succession plan. When you leave the program, you will be motivated to continue communicating and working on the family farm/ranch legacy.

 

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