Design Your Succession Plan for Farmers and Ranchers - Williston
About the Program
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, write, plan, vision 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 a 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.
Who should attend?
This program is for families who want to shape the future ownership of their family farm or ranch – the family legacy – whether that is transferring a viable business to the next generation or determining how to divide farm/ranch assets.
Even if you have attended other transition, estate, or succession planning classes, consider attending this program to get a start on your succession plan.
Program Dates
Attendees should plan to attend all three sessions: March 18, 25, and April 1, 2025.
Registration Deadline
March 6, 2025
Cost
Fees for this workshop are structured to encourage family members to participate together. The registration fee of $175 for the first family member covers the cost of meeting expenses and includes a resource binder and workbook. It costs $50 for extra family members who want to attend and receive a workbook, or $35 for those who attend without needing a workbook.
Meals
Light refreshments will be provided.
Refund Policy
A full refund will be made if a cancellation notice is received at least two weeks before the start of the program by calling the site you will attend. NO REFUND will be given for no-shows or cancellations less than two weeks before the start of the program.
Funding assistance received from
NDSU Extension
North Dakota Annie’s Project
North Dakota Stockmen’s Foundation
Participant Quotes
- “It is often hard to start the conversation and through this workshop we now have the tools.”
- “Very interesting, made me so much more aware of the importance of planning.”
- “Having our son register us for this program was the best Christmas gift we ever received.”
In addition, attorneys reviewing this program have applauded NDSU Extension for giving families a roadmap to communicate
together before visiting the attorney’s office.
Requests for accommodations related to disability should be made to the event contact person at least two weeks in advance of the event.
