When
Wednesday, May 8, 2019 at 6:00 PM - 8:00 PM EDT
Where
Cumberland County Cooperative Extension75 Clearwater Drive
Falmouth, ME 04105
Driving Directions
Sponsored by:
Legacy Planning for Farmers
SCORE Maine, in partnership with Mass Mutual, is pleased to offer a workshop for farm businesses entitled Legacy Planning for Farmers. This workshop helps small business owners plan for the future of their business. Legacy Planning for Farmers includes succession planning, retirement planning and estate planning for farm owners. This workshop is appropriate for both outgoing owners and incoming owners.
Farm business owners should know how to do business valuation, how to choose and prepare a successor, and the steps to make sure they are able to enjoy the retirement that they envision for themselves. Every business owner will face a transition at some point and this workshop will help them prepare for the various scenarios they almost certainly will come across.
Why should you attend?
- Learn the steps necessary to successfully transition your life's work
- Strengthen and secure your farm's future
- Help reduce the risk of not having a plan
- Learn about resources available to help you
What will you learn?
- The importance of valuing your business
- Planning for your farm's future
- Essential steps for farm business transition planning
- Protecting and planning for your future and possible retirement
- Understanding the importance of succession or transition planning
- Key elements of estate planning
Who Should Attend?
- Any farm business owner involved in a multi-generational situation, including both incoming owners and outgoing owners.
When: Wednesday May April 8th from 6:00 to 8:00 PM
5:30 - 6:00 pm Registration & Networking
6:00 - 7:30 pm Presentation
7:30 - 8:00 pm Q & A/Discussion
Where: Cumberland County Cooperative Extension
75 Clearwater Drive, Falmouth, Maine
Fee: None
Presenter: Ian Frederick - Commonwealth Financial Group, a member agency of MassMutual Financial Group
Ian Frederick joined Commonwealth Financial Group in 2008. Prior to that he worked in the banking industry.
Ian holds the Certified Family Business Specialist (CFBS) designation. The knowledge Ian has gained from this certification allows him to understand the emotional issues confronted by owners contemplating a transition of their business. He can identify financial issues regarding succession planning and recognize tax and financial considerations regarding transitioning a business. Ian also works with business owners to develop employee benefits in order to help attract and retain top talent.
Ian graduated from the University of New Hampshire Whittemore School of Business and Economics in 2006. Through hard work and commitment to his practice, Ian was awarded Rising Leader recognition by Massachusetts Mutual Life Insurance Company (MassMutual) in 2010. He qualified for MassMutual’s prestigious annual Leaders Conference in 2011, 2015, 2016, 2017 and 2018.