Putting pen to paper for a farm business succession plan can alleviate worries for individuals currently running the business and lessen the burden on those faced with handling business matters following the loss of a loved one.
Knowing the first steps to take in making a succession plan can be daunting, if not overwhelming – especially for those that are not armed with a legal degree.
That is why Texas Corn Producers (TCP) is teaming up with Tiffany Dowell Lashmet, an agricultural law specialist with Texas A&M AgriLife Extension, to assist Texas farmers in knowing where to start in gathering the information they need before they can even step foot in a lawyer’s office to draft a will.
The next installment in this series will be:
March 8 | Dumas, Texas
Moore County Community Center
Registration for this event opens at 8:30 a.m. and the program will begin at 9 a.m. There is no preregistration required for this event. Additional presentations will be held throughout the state this next year. When the series of in-person workshops have concluded, the materials will be available on the TCP website at TexasCorn.org.
In just a few steps, farmers can feel prepared in developing a succession plan that leaves a clear path of direction for the future of the legacy they have built over the decades.