Farm Asset Protection Strategies: Safeguarding Agricultural Legacies for Future Generations

Cornell Cooperative Extension and the Regional Capital Area Agriculture & Horticulture Program are pleased to present Farm Asset Protection Strategies: Safeguarding Agricultural Legacies for Future Generations, a workshop on farm asset protection to help you preserve long-standing agricultural legacies. In these uncertain times, safeguarding valuable farm assets has become paramount to ensure our farming communities' continued success and sustainability.

The workshop will be held on Monday, February 5, at CCE Saratoga County, 50 West High Street, Ballston Spa, NY  12020. The cost to participate in this workshop is $10 per person. The workshop will start at 10:00 AM and will conclude at 2:30 PM.  Morning refreshments and lunch are provided.

Each participant will receive written materials and a flash drive containing various resources. For registration assistance, contact Dara Boudreaux at 518-765-3518/tff24@cornell.edu.  For questions about the workshop, contact Steve Hadcock at 518-380-1497 or seh11@cornell.edu.

Nicole Tommell, Farm Management Specialist with the Central New York Dairy, Livestock, and Field Crops Team, and Steve Hadcock, Beginning Farmer Specialist with the Capital Area Agricultural and Horticultural Program, will present this workshop. Nicole and Steve have many years of experience working with farm families on farm management and estate planning topics.

Topics included are:

• How can I use my current records to gauge how well my business is doing? Various suggestions will assist you in looking at your records differently.
• What can I do to retain employees? Ideas will be shared on how to get new employees off to a good start. Also, ideas on how to help retain employees as well.
• Am I ready to consider diversifying my business? Thoughts on how to approach evaluating the diversification of your farm business will be shared.
• When and how do I start the succession process? It is never too early to begin discussing farm succession/transfer. Topics will be covered to help you feel confident to begin the process for your business. Shared topics may help you with your process if you have already started.