Farm Transition Workshop
We are constantly reminded that farming is an occupation of the aging. Catawba County has some very innovative and successful young farmers but according to the USDA Agriculture Census of 2012, the average age of a farmer in Catawba County is 60 years of age.
Catawba County has 698 farms with over 67,000 acres in farmland. We often wonder who will grow our food when these farmers decide to retire, but equally concerning is what will happen to this farmland. How many of those farms have a solid plan for the farm transition? Many of us are concerned that the legal and tax implications for farm transition and estate planning are complex and our farmers may not be receiving the assistance they need to make informed decisions.
The Catawba County Farm Bureau has teamed up with the Young Farmers and Ranchers of Catawba County, the University Of Mt. Olive Agribusiness Center, and the Catawba County Cooperative Extension Service to bring our farming community an incredible workshop to address these needs. The Farmland Preservation Workshop for Beginning and Retiring Farmers will be held on Monday, Feb 1 from 3:30 to 8:30 PM at the Newton Expo Center (Pin Station). The workshop will have a series of sessions from various experts and state specialists on estate planning, taxes, planning the legal architecture of your farm, maintaining the present use value taxation, and general financial planning. This workshop will have a follow-up session with the opportunity for one-on-one consultation.
Call Mary Houston with the Farm Bureau at 828-464-2806 by January 25th to RSVP for this workshop and the dinner that will be provided.
For more information see: Catawba Farmland Preservation Workshop for Beginning and Retiring Farmers (2)