Succession, estate and retirement program for farm and small business

Thursday, January 7, 2016

Carrollton -- University of Missouri Extension will reach out to surrounding counties and local communities to help farm families, individuals and businesses with succession, estate and retirement planning.

The program called "Your Farm, Your Business, Your Future" consists of four workshops held on Thursday nights from 6-9 p.m. Feb. 4, 11, 18 and 25, 2016, at the Carrollton Public Library, 1 North Folger Street.

A team of University of Missouri Extension Specialists with extensive technical backgrounds and a Missouri probate judge will be giving presentations and leading activities.

This class is designed to help owners of farms and small businesses to begin creating a plan for transferring a farm or business to the next generation, as well as, addressing the many issues involved with estate and retirement planning. Topics such as: setting goals, assessing a farm's or business's strengths and weaknesses, the probate process in Missouri, estate planning tools, calculating retirement needs and more will be covered.

Pre-registration is required by 5 p.m. Friday, Jan. 29. Call Lori at the University of Missouri Extension Center of Carroll County: 660-542-1792. There is a cost per individual or couples. The cost includes an educational handbook with case study examples, forms for planning, developing financial statements and recordkeeping. A light dinner is provided.

For more information, contact Trish Savage, Family Financial Education Specialist by calling 660-886-6908 or emailing her at savaget@missouri.edu.