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 -13.
Topics 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 farm operation is profitable enough to support 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 online registration visit www.extension.iastate.edu/bfc/Aglink or contact the Beginning Farmer Center at 877-BFC-1999.