Materials:
On March 8–9, 2024, Penn State Extension will host “Beginning Farmer Intensive: Land, Law, and Transition” at the Inn at Leola Village. On March 9, 2024, from 11:15pm–noon and 12:45pm–1:30pm, Staff Attorney Brook Duer will present “Legal and Tax Structures for Business and Land Ownership” as part of the program.
From the program website:
If you are considering starting a farm business or have been farming for ten years or less, this beginning farmer overnight retreat workshop is for you. Take a break from the concerns of your current occupation or farm business, and gain knowledge on acquiring land and expertise from retiring farmers to start or sustain a profitable farm business.
Event Details
Join our overnight retreat for novice farmers, where our experts will conduct two days of presentations, sharing valuable tips on locating and acquiring farmland.
Dinner will not be included on Friday, March 8, 2024. Breakfast, lunch, and an afternoon snack will be provided on Saturday, March 9, 2024.
You will learn how to locate farmland, the legal and business expertise needed to transfer land and farm assets efficiently, the different types of business structures and what might work best for your situation, and how to prepare for your own retirement while simultaneously starting or continuing an existing farm business.
Who is this for?
- Beginning farmers who have operated any farm business for ten years for less
- Beginning farmers who are transitioning into the ownership and/or management of an existing family farm business
- People who are considering starting a farm business
What will you learn?
- How to locate and acquire farmland
- The legal and tax structures of land ownership
- The basics of the farm transition process
- Communication strategies for farm business transitions
- The various ways to transfer farmland and farm assets
- The retirement planning consideration for new farmers
- Financial and business strategies for new farm ventures
Space is limited – preregistration is required.
For more information and registration, visit
https://extension.psu.edu/beginning-farmer-intensive-land-law-and-transition.
