Wednesday, March 14, 2012
Higher Education Center, University of Maine Presque Isle, Houlton, ME
Thursday, March 15, 2012
Governor’s Restaurant, Waterville, ME
Transferring the Farm is a day-long workshop offered in Houlton or Waterville, Maine. We have offered this program across New England over the past several years. The workshop will help farmers and farm families make informed decisions about transferring the farm to the next generation. Each workshop will address details on retirement and estate planning, legal approaches to protect assets from taxes, tools you can use to transfer farm assets, and determining your goals to address transfer planning.
Registration begins at 8:30 AM. Each workshop will run from 9:00 a.m. to 3:00 PM.
Welcome: We’ll start by giving an overview of the day.
First Things First — Getting the Farm Transfer Process Started: Transferring the farm starts by taking stock—we’ll talk about communicating for success, looking at the future of the farm, setting goals, and ways to include the whole family.
Transferring the Farm Tools and Techniques: We’ll define what is an estate and address various economic considerations in farm business transfers.
Farm Transfer and Estate Planning: We will be joined by an attorney who will explain how business entity selection, gifting, and other legal aspects affect the transfer.
Question and Answer Period: We have scheduled time to answer questions you may have about farm transfer at this point in program.
New Ideas and Creative Solutions: Here, we’ll discuss the role that farm link programs and land trusts can play in farm transfers.
First-hand Experience: We hope to have farmers will share their experience with farm transfers to either related or unrelated farm successors.
Q&A and Wrap-Up: We’ll have time at the end of the day to answer additional questions you may have.
Please register before March 7, 2012 to avoid a late fee.
State ________________ Zip _____________
(Your workshop confirmation will be sent to your e-mail address unless left blank. We do need a minimum to hold this workshop)
Workshop Location (check one):
__ Higher Education Center. Houlton, ME, Wednesday, March 14, 2012
__ Governor’s Restaurant. Waterville, ME, Thursday, March 15, 2012
Workshop Fee: $20 per person; includes registration, workshop packet, and lunch.
Number of people attending _________ X $20 = _________
Late Fee (if postmarked after March 7) = ____ X $10/person = __________
Total Enclosed: __________
Please make check payable to University of Maine Cooperative Extension and mail with completed Registration Form to:
Transferring the Farm Workshops
5735 Hitchner Hall
Orono, ME 04469-5735
Directions to Houlton Higher Education Center: From I95 take Route 1 (North St.) into downtown Houlton. At the intersection of the Bangor Rd., continue through the intersection onto Kendall St. At the intersection of Military St., turn right and continue to the UMPI at 18 Military St., Houlton, ME
Directions to Governor’s from 1-95: Get off at exit 130 (from the north turn left and from the south turn right). Governor’s is collocated with the Fireside Inn at this exit.
For More Information
Contact Gary Anderson, University of Maine Cooperative Extension, (800) 287-7170 (toll free in Maine only). Direct line 207-581-3240 or 2788.
- Land For Good
- Maine Farm Link
- University of Connecticut Cooperative Extension System
- University of Maine Cooperative Extension
- University of New Hampshire Cooperative Extension
- University of Rhode Island Cooperative Extension
- University of Vermont Extension
Funding provided by The Northeast Center for Risk Management Education