Workshop Series Teaches Farm Women Nuts and Bolts of Succession Planning

Workshop Series Teaches Farm Women Nuts and Bolts of Succession Planning

Farm Credit Services of Illinois is sponsoring four dates at its Effingham office.

Local women involved in farming operations are invited to participate in a four-session workshop series, "Managing for Today and Tomorrow," that will be held the evenings of February 1, 8, 15, and 21 in Effingham at the Farm Credit office. Each workshop is held from 5:45 – 8:45 p.m.

The "Managing for Today and Tomorrow" program targets farm women from multiple generations who want to learn more about farm transitioning. During the four weekly three-hour sessions, women participants learn about succession, business, estate, and retirement planning from local professionals. The program features interactive discussions and follow-up take-home activities designed to involve all family members.

The workshops were developed based on the success of the agricultural risk management education program for farm women, "Annie's Project." Ruth Hambleton, of Mt. Vernon IL, founded Annie's Project in 2003 and the program has successfully reached more than 8,000 women farmers and ranchers in 26 states.

"These workshops empower women to take ownership of the future of their farms and ranches – particularly as it deals with the human resources and legal aspects of transitioning," said Hambleton. "The curriculum will give women the kind of risk management education that prepares them to ask good questions and develop solutions specific to their farm needs."

"Managing for Today and Tomorrow" is being piloted in ten states during 2012 with plans to expand to more locations during the second year. The development and delivery of this program is funded in part by USDA National Institute of Food and Agriculture funding through a Beginning Farmer and Rancher Development Program grant and the Farm Credit Council and eleven Farm Credit Associations. The Effingham workshop series is being sponsored by Annie's Project, University of Illinois Extension, and Farm Credit Services of Illinois.

The course is limited to 24 farm women participants. Registrations can be made by contacting Farm Credit at 217-342-6640, or toll free at 1-800-331-9825, or by email at [email protected] A $75 registration fee is payable at the end of the first session on February 1. The fee includes up to four participants per farm family, educational materials, and refreshments at each of the four workshops. Further questions about the program may be directed to Ruth Hambleton at 618-237-6441.

All four workshops will be located at the Farm Credit Services of Illinois facility at 1506 East Fayette Avenue in Effingham.

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