TAX AND LEGAL SEMINAR-AG TRANSFER AND LAW

South Central College will be hosting a seminar on Tuesday, November 28th, 2017 from 5:00pm to 7:30pm.  This session is designed for any family considering transitioning their farm business.  Our primary goal is to provide an initial platform of resources to help you naviagate through the challenging process of successfully moving your family business to the next generation.  Other agricultural professionals that are interested in expanding their knowledge in this topic area are welcome to attend.  There is no charge to attend this event.

 

Date - Tuesday, November 28, 2017

 

Time - 5:00pm to 7:30pm

 

Location - South Central College North Mankato – Conference Center A

 

Meal to be provided by the Southern Minnesota Center of Agriculture

 

Please RSVP by November 24th to Shelly Kitzberger @ 507-389-7497 or This email address is being protected from spambots. You need JavaScript enabled to view it.

 

CliftonLarsonAllen – James Heilman, CPA MBT

 

 

  • Commodity wages

  • Compensation options for children under 18 and college bound

  • Performance based pay

  • New tax bill and its potential impact on your farm

  • Serial entrepreneurs

  • Numbers to know

 

Gislason & Hunter – Andrew Willaert, Attorney

 

 

  • Legal structures for the entering partner

 

  • Graduating your child into real life

  • Farming together – but apart

  • General partnerships – intentional and unintentional consequences

  • How to properly manage an LLC

  • Documentation of sweat equity

 

South Central College Staff

 

 

  • Farm Business Management and transition management resources

  • Southern Minnesota Center of Agriculture educational