05-17-16 CSU Ext: Leaving A Lasting Legacy Workshop on June 7th Hosted in Baca County…

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CSU Ext: Leaving A Lasting Legacy Workshop on June 7th Hosted in Baca County

Baca County – May 17, 2016 – Many farm and ranch families are struggling with the many questions surrounding the transfer of their property to the next generation. How can I be fair to all the kids? Who will take over running this place? Who will take care of me in my last years, months, days? What can I do to help my passing be easier on those left behind?

“I have received numerous calls and emails from people in Southeastern Colorado wanting information about succession and estate planning”, said Jennifer Wells, CSU Extension Director for the Southeast Area.  “This is a critical issue to get our youth back into our communities and the future of our farms and ranches.”

Colorado State University Extension will be offering a workshop on Tuesday, June 7th, 2016  to help farm and ranch families as well as non-Agriculture based families find some answers to these and many other questions. Jeff Tranel will facilitate discussion, share resources, and help participants “find some answers”.

Jeff Tranel, Agricultural and Business Economist with Colorado State University, has talked to many groups and with many individual farm and ranch families across the country during his 28 year career. As he witnessed families struggling with transferring everything to the next generation, he and two colleagues authored a program titled “Leaving A Lasting Legacy”. According to Tranel, legacy planning includes more than simply having an attorney draft an estate plan. A person leaves more than just money and property. In fact, a national study discovered that non-financial items are ten times more important than financial assets to transition onto the next generation.

I really encourage everyone in Southeastern Colorado – farmers, ranchers, and non-ag citizens – to participate in this workshop, said Wells. Jeff has the experience and skills to help people find some of the answers to their estate issues. It is important to leave as positive a legacy as possible.

Colorado State University Extension will be offering the workshop in Springfield on Tuesday, June 7th, 2016. This legacy-succession-estate planning program will be held at the Minnick Building on the Baca County Fairgrounds beginning at 9:00 a.m. and ending at approximately 3:30 p.m. Lunch and all materials will be provided. The cost for the workshop will be $20 for the first family member and $10 for each additional family member attending.

To register for this important workshop, people can email Mallory Sikes, Baca County Extension Agent, at mallory.sikes@colostate.edu  or telephone the Baca County Extension office in Springfield at (719)523-6971.    Pre-registration / pre-payment required by June 1st so enough lunches can be ordered and handout materials copied.

Submitted to BARN Media by:

Sarah DeLaRosa

Baca County Extension

Administative Assistant

700 Colorado Street

Springfield, Colorado 81073

Office: (719)523-6971

Fax: (719)523-6933