How to alter a .NET DateTimePicker control to allow enter null values?

What's the easiest and most robust way of altering the .NET DateTimePicker control, to allow users to enter null values?

Here's an approach from this CodeProject article on creating a Nullable DateTimePicker.

I have overridden the Value property to accept Null value as DateTime.MinValue, while maintaining the validation of MinValue and MaxValue of the standard control.

Here's a version of the custom class component from the article

public class NullableDateTimePicker : System.Windows.Forms.DateTimePicker
{
    private DateTimePickerFormat originalFormat = DateTimePickerFormat.Short;
    private string originalCustomFormat;
    private bool isNull;

    public new DateTime Value
    {
        get => isNull ? DateTime.MinValue : base.Value;
        set
        {
            // incoming value is set to min date
            if (value == DateTime.MinValue)
            {
                // if set to min and not previously null, preserve original formatting
                if (!isNull)
                {
                    originalFormat = this.Format;
                    originalCustomFormat = this.CustomFormat;
                    isNull = true;
                }

                this.Format = DateTimePickerFormat.Custom;
                this.CustomFormat = " ";
            }
            else // incoming value is real date
            {
                // if set to real date and previously null, restore original formatting
                if (isNull)
                {
                    this.Format = originalFormat;
                    this.CustomFormat = originalCustomFormat;
                    isNull = false;
                }

                base.Value = value;
            }
        }
    }

    protected override void OnCloseUp(EventArgs eventargs)
    {
        // on keyboard close, restore format
        if (Control.MouseButtons == MouseButtons.None)
        {
            if (isNull)
            {
                this.Format = originalFormat;
                this.CustomFormat = originalCustomFormat;
                isNull = false;
            }
        }
        base.OnCloseUp(eventargs);
    }

    protected override void OnKeyDown(KeyEventArgs e)
    {
        base.OnKeyDown(e);

        // on delete key press, set to min value (null)
        if (e.KeyCode == Keys.Delete)
        {
            this.Value = DateTime.MinValue;
        }
    }
}