Extension News

ISU Conference to Discuss Farm Succession Plans

Beginning Farmer Center

12/3/2009

AMES, Iowa -- Families looking toward establishing a multiple generation farm or passing the family farm to the next generation have an opportunity to learn how to accomplish those goals at a four-day conference early next year.

The 13th Annual Ag Link conference addresses these questions.  The four day program, sponsored by Iowa State University's Beginning Farmer Center and Iowa State University Extension, is for families who are looking at a multiple generation farm business.  This program is offered in Ames in two two-day sessions on  Jan. 15-16 and Feb. 12 and 13. 
 
Issues that will be discussed during this conference include: 

  • How to address major issues that can lead to failure in a multiple generation farm business 
  • Determining whether an existing operation is profitable enough to support an another generation 
  • The basics of estate planning 
  • Alternatives for transfer of farm assets
  • Developing a farm family business succession plan

ISU students attending this year's conference are able to earn up to two ISU credit hours.  For additional information on credit hours go to www.extension.iastate.edu/bfc/Aglink/credit.htm

Previous participants have remarked:

"I believe this seminar has had a positive impact on me and has made both my parents and myself look deeper into our future."

"I wish I had known about this seminar 10 years ago."

"I was surprised by all the helpful information."

"I changed my outlook of moving back to our family farm."

The cost for a family  is $200 for a group of four or fewer and $40 for each additional attendee.  Meals, breaks, and a resource packet are included in the registration fee.  Registration deadline is Jan. 6. 

For additional information and on-line registration visit: www.extension.iastate.edu/bfc/Aglink/ or contact the Beginning Farmer Center at (877) BFC-1999.

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Contacts :

Dave Baker, Beginning Farmer Center, (877) BFC-1999, baker@iastate.edu

John Baker, Beginning Farmer Center, (877) BFC-1999, jrbaker@iastate.edu

Mike Duffy, Economics, (515) 294-6160, mduffy@iastate.edu