LETHBRIDGE -- You can't rely on positive thoughts and expectations or fly-by-the-seat of your pants when it comes to transitioning the family farm to the next generation. It's a process that needs planning to reduce conflict and costs before life’s contingencies arise.
For that reason, a farm succession team in law, tax, and financial planning are again joining forces to host four seminars across southern Alberta to help family farm operations protect their land and their legacy.
The seminars will offer advice and tools from a lawyer, tax specialist/accountant, and financial advisor, to help navigate regulations and develop a successful strategy for the future.
Each seminar is designed with a complete overview of options available to farmers by going through real life scenarios.
The 5th Annual Farm Succession planning seminars. to be held in Fort Macleod, Taber, Stavely and Lethbridge from January 21st to the 24th, are sponsored by Stringam LLP. Company lawyer, Stephan Mogdan has been involved in the seminars from the beginning.
"Our plan is to continue to not only increase the number of farm and ranch families starting the conversation around farm transition, but to also increase the number of families that will hopefully work with our farm succession team to create a unique plan that fits their particular scenario and operational needs.”
Mogdan is joined at the seminars by fellow lawyer, Steven G. Osmond; Rebecca Sanford, CPA, CA, Senior Tax Manager -KPMG; and Don Strankman, Master Financial Planner, Wealth and Succession Planner.
The seminars run from 2:00 to 4:00-pm on the following dates:
Fort Macleod -- Monday, Jan 21 - G.R. Davis Administration Building, 410, - 20th Street - Council Chambers Room
Taber -- Tuesday, Jan 22 - Taber Library, Program Room, 5415 50 Ave.
Stavely -- Wednesday, Jan 23 - Stavely Community Center, Small Hall / Lodge Hall, 5109 52nd Street
Lethbridge -- Thursday, Jan 24 - Holiday Inn, 2375 Mayor Magrath Dr. South.
While the seminars are free, those who attend do need to register beforehand. For more information, visit https://www.stringam.ca/farmsuccession/ or call Justine Peters at 403-328-5577.
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