MU Extension offers program to help farmers, businesses with succession and retirement planning

Retirement Plan

The University of Missouri Extension offers a series of Tuesday-night workshops to help farmers and business people with succession and estate and retirement planning.

“Your Farm, Your Business, Your Future” is 6-9 p.m. February 4, 11 and 18 at multiple locations. An alternative date of March 3 is set in case of inclement weather.

A team of experienced MU Extension specialists and a Missouri probate judge teach the program. “This class will help owners of farms and small businesses create a plan to transfer a farm or business to the next generation, and look at issues involved with estate and retirement planning,” says Darla Campbell, an MU Extension agricultural business specialist and one of the workshop instructors.

Topics include goal-setting, assessing the strengths of a farm or business, Missouri’s probate process, estate planning tools and calculating retirement needs.

Program sites:

  • Bethany. MU Extension Center in Harrison County, 1505 Main St.
  • Savannah. Sisters of St. Francis, Mother Pia Ministry Center, 908 S. Third St.
  • Keytesville. Chariton County Courthouse, Blue Room, 306 S. Cherry.
  • Marshfield. MU Extension Center in Webster County, 800 S. Marshall Road.
  • Higginsville. MU Extension Center in Lafayette County, 14 E. 19th St., Suite 102.
  • Ste. Genevieve. Progress Sports Complex, 1300 Progress Parkway.
  • Linneus. MU Forage Systems Research Center, 21262 Genoa Road.
  • Palmyra. MU Extension Center in Marion County, 100 S. Main St., Suite 201.
  • Lancaster. Schuyler County Courthouse, basement assembly room, 110 W. Washington.

Register by noon Monday, February. 3. The cost is $110 per individual and $50 for each additional person from the same business. Fees include one set of materials per business and a light meal. The educational handbook includes case study examples and forms for planning, developing financial statements and recordkeeping.