Are you concerned about protecting your family farm’s legacy? Planning for your farm’s future, or succession planning, is more than just creating a will. If you want to transfer your farm to the next generation, they’ll need the right leadership and business management skills to ensure financial security. Now you can learn more about how to successfully transition your farm and protect your legacy at the ASA Succession Planning Workshop. This valuable workshop will be held in Sioux Falls on July 30 at the Sioux Falls Convention Center.
The American Soybean Association (ASA), in partnership with eLegacyConnect and the South Dakota Soybean Association (SDSA), will hold a regional succession planning workshop to help farmers in this process. The Succession Planning Workshop, titled “Five Keys to Effective Succession Planning” is sponsored by Farm Credit, AGCO and SDSA. The workshop begins at 9 a.m. and concludes by 3 p.m. Lunch is provided.
Register online by clicking here and selecting the Sioux Falls location . There is a minimal registration fee for each attendee. ASA members are $50 for first registrant and $30 for each additional family member/guest. Non-ASA members are $90 for first attendee and $70 for each additional family member/guest.
“ASA is dedicated to enhancing and protecting the livelihoods of soybean producers. Today’s tax laws and regulatory landscape are making it harder to keep the farm in the family,” said Bob Worth, ASA membership and corporate relations chairman. “Succession planning is a watershed issue facing all soybean producers and these workshops will provide soybean producers with the basics in getting a succession plan started.”
The workshops are taught by Kevin Spafford, founder of Legacy by Design. Legacy by Design is a firm dedicated to succession planning for farm families and agribusiness owners. Over the last 10 years, he’s spearheaded initiatives to improve the way farmers, ranchers and agribusiness owners engage in the succession planning process.