Passing Down the Family Farm workshop planned
As the age of farm operators increases, transferring the ownership and management of the family farm business to the next generation becomes one of the most important issues farm families will face. For those that dream of seeing their legacy passed on to the next generation, an estate plan needs to be developed to make sure that goal is achieved. Kansas State University Research & Extension programs of Atchison County, Brown County, Doniphan County and the Meadowlark Extension District are providing farmers and ranchers an opportunity to hear from two experts on farm transitioning on Nov. 17 at the Northridge Church in Sabetha, Kan.
The event starts at 9:30 a.m. and will be adjourned at 4 p.m. Lunch is included in the registration. Dave Goeller, the first presenter, is the deputy director of the North Central Risk Management Education Center located at the University of Nebraska. The author of numerous articles and publications, Goeller has provided training and presented at various seminars and conferences in the U.S. and Canada. As a practicing farmer, he's able to address issues such as "Fair vs. Equal," "Expectations of each Generation" and "Contribution and Compensation" from a unique perspective. He has been quoted as saying, "Developing a successful farm business succession plan is a process, not an event. It involves a mixture of practical, financial, tax, legal and especially human communication components that need to combine in a mutually compatible way."
The second presenter is Shon Robben, an attorney at Arthur-Green in Manhattan, Kan. She will be able to answer the questions about Kansas laws as they relate to estate planning.
Registration for this daylong event is $25 per person or four people for $80.Send registration to the Meadowlark Extension District office, 400 New York, Room 105, Holton KS 66436 by Nov. 1. For details contact an Extension agent in one of the sponsoring counties or firstname.lastname@example.org or 785-364-4125.
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