Completed Project Report


Farming Together: Estate & Retirement Planning

  • Award Amount: $34,912
  • Regional Center: North Central Extension Risk Management Education Center
  • Grant Program: 2015 Education Projects
  • Project Director: Denise Schroeder
  • Email: schroedd@purdue.edu
  • Organization: Purdue University - Purdue Extension-White Co.

Extension RME Regional Centers
Extension Risk Management Education Region Map

Project Overview

Farming Together: Estate & Retirement Planning was designed to help farm families manage risk during the farm transition process by better understanding and implementing estate and retirement planning tools in conjunction with their succession plan.  Through the Farming Together series, Purdue Extension has worked with farm families to write and implement a transfer plan.  The estate plan will add to the succession plan by helping farm families think through an exit strategy which continues to provide for the older generation if need be while ensuring the sustainability of the farm.  In addition the program stressed the importance of an estate plan for all farm owners regardless of age and helped participants create their own "Code Red" contingency book.  The educational effort was developed with the leadership of the Purdue Farm Succession Team. Due to lack of participation, videos were developed and posted. They have received numerous views and continue to be available.

Number of Participants: 348

Outcomes

Project Steps

PROMOTIONAL MATERIALS

There are no promotional materials available for this project.

EDUCATIONAL MATERIALS

There are no educational materials available for this project.

REPORTS & EVALUATIONS

There are no reports or evaluations available for this project.

DELIVERY AREA

DESCRIBE ANY UNEXPECTED RESULTS OF THE PROJECT:

HOW WOULD YOU IMPROVE THE PROJECT IF YOU WERE TO DO IT AGAIN?

WHAT WERE THE KEYS TO SUCCESS FOR YOUR PARTICIPANTS?

INDIVIDUAL STORIES / EXAMPLES OF SUCCESS / QUOTES