Keeping the Family Farming
A two-session
workshop in Chanute, El Dorado, and Garden City to
help farm families prepare for transitions and change.
Chanute, Kansas
First United Methodist Church, 202 S. Lincoln
Session 1: January 2, 2009
Session 2: January 17, 2009
El Dorado, Kansas:
Butler County Community (4-H) Building, 200 N Griffith Session 1: January 3, 2009
Session 2: January 16, 2009
Garden City, Kansas Finney County Fairgrounds
Grandstand Meeting Room, 501 S. 9th St.
Session 1: January 10, 2009
Session 2: January 30, 2009
Session times: Session 1: 9:00 am
Registration, 9:30 to 8:00 pm
Lunch and Supper Provided
Session 2: 9:30 am to 5:30 pm, Lunch provided
COST: $225 per
family (4 persons)
Registration deadline:
December 15, 2008
After deadline: $300 per
family
REGISTRATION LIMITED to 25 FAMILIES PER LOCATION!
Download Conference
Registration Brochure (PDF)
Farm Credit customers are encouraged to contact the
Association with which they do business, as a limited number of customer
scholarships will be offered to families participating in the workshops.
A
key to the success of a two-generation business arrangement is a common
understanding of where the business is going and what it will accomplish. If the
parties involved have different ideas about the future of the business, the
business arrangement may fail.
This process is designed to help you and your
family consider the many dimensions of a serious decision and make choices that
are right for you.
●
Understand tax repercussions and legal issues in selling and transferring assets
● Compare business entity options
● Estimate your financial needs in retirement
● Evaluate strategies for transferring the family farm
● Make explicit plans
● Determine your current financial situation
● Be aware of the potential for conflicts and identify ways to resolve
conflict
To
experience the full benefit of the program, participants should attend both
sessions as a family to learn and work through transition
together.
In
addition, farm analysts will be available outside of the scheduled meetings to
help you further implement what you learn.
Workshop Schedule and
Topics
Session 1
Wants, Hopes, Needs, and Fears
Lunch
Communication/Family Business
Meetings
Game Plan for Farm
Estate Planning
Dinner
Bear Pit (Question & Answer)
Session 2 Who's in Charge
AgriPlan Presentation
SWOT (Strengths, Weaknesses, Opportunities, Threats)
Lunch
Managing the Family Workforce
Business Entities
Retirement Planning
FinPack & FinPack Signup
Evaluation & Feedback
Questions or
further information, contact Rich Llewelyn:
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Section 504 of the Rehabilitation Act of 1973, the Age Discrimination Act of
1975, and the Americans With Disabilities Act of 1990, has been delegated to
Clyde Howard, Director of Affirmative Action, Kansas State University, 214
Anderson Hall, Manhattan, KS 66506-0124, 785-532-6220. Revised April 28, 2003.