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‘Passing on the Family Farm or Agri-Business’ Conference Planned for March 31 in Concordia

CONCORDIA, Kan. – The K-State Research and Extension River Valley District is conducting a Planning for the Future Conference – “Passing on the Family Farm or Agri-Business” on Saturday, March 31 from 9 a.m. until 4 p.m. in Concordia.

Designed to help address the needs of farm and agribusiness families and other entities in the transition process, the conference will be held on the campus of Cloud County Community College.

“The transition planning process is often hard to begin, so we are offering this conference as a first step where family members and close non-family persons that are to be included in the estate plan can come together, gather background information, and begin to plan,” said John Forshee, extension district director.

The program will kick off at 9:30 a.m. with keynote speakers Ron Hanson of the University of Nebraska and Roger McEowen of Iowa State University. Hanson draws on years of experience working with farm families and will share both humorous and serious tales of family farm estate planning. McEowen offers experience working with farmers, farm families, and farm entities on the legal and tax aspects of farm estate planning. He will outline key concepts and issues affecting farm succession planning.

Following a noon meal, participants can attend three breakout sessions from 10 options, including:

• How Much Did Your Lawyer Cost Our Family Farm Estate? – Ron Hanson

• Wills and Trusts – The Basics of the Planning Process – Roger McEowen.

• Planning for the Next Ranching Generation – Producer Panel Discussion.

• FamilyTALK:Making it Work – Charlotte Shoup Olson, K-State.

• Can Junior Really Come Home to the Farm? – Kevin Herbel.

• What if the “What If” Actually Happens to Your Family? – Ron Hanson.

• Estate Planning – Temporary Certainty – Roger McEowen.

• Continuing Your Family Farm Legacy: Time for Your Questions – Ron Hanson.

• Summer Ranch and Range Internship – Cloud County Community College.

• Charitable Giving – Gordon Dowell, K-State Foundation.

The conference is sponsored by K-State Research and Extension’s River Valley Extension District; Central National Bank and Central National Wealth and Trust Management Services; Citizens National Bank Trust Department, American Ag Credit, Peoples Exchange Bank, and United Bank & Trust.

Pre-registration for the event is required to any River Valley Extension office by March 19. The cost of the workshop is $50 for the first person, which includes morning refreshments, lunch and a proceedings notebook. Additional family members and/or students may attend at a cost of $35.00 without a notebook. Extra notebooks may be purchased for $15.00. Checks should be payable to the River Valley Extension District #4.

More information, including registration brochures and informational flyers, is available at any local extension office or online at www.rivervalley.ksu.edu. The River Valley Extension District is comprised of Republic, Washington, Cloud and Clay counties.

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