The Purdue Women in Agriculture Team periodically offers free educational webinars as an extension of the Women in Agriculture Conference.
What Is It Worth If You Stay on the Farm?
September 28, 2017 from 12:00-1:00 p.m. EST (11:00-12:00 Central)
Join John Baker, Iowa State University Beginning Farmer Center, as he discusses the perennial problem in farm business succession planning; determining the value of the contribution of the in-business heir to the wealth of the owners of the business. All too often the value of the contribution is either ignored or undervalued. Thus the in-business heir must purchase the value of the wealth created and left in the estate. This often leads to failure of the business and alienation of the family.