The Center for Agricultural Profitability at the University of Nebraska-Lincoln will present Returning to the Farm, a workshop series for families who are in the transition process of bringing members back to the farm or ranch. It will begin with a two-day workshop in Kearney for multi-generational families on Friday, March 8 and Saturday, March 9 at the office of Nebraska Extension in Buffalo County, 1400 E 34th St.
The series assists families and agricultural operations with developing financial plans and successful working arrangements to meet their unique needs. It will guide families in developing estate and transition plans, setting personal and professional goals and improving the communication process between family members.
“Returning to the Farm gives families the tools and resources to have a successful transition with more family joining the business,” said Extension Educator Jessica Groskopf. “We really want to have two or three generations come to this together and take that time, as a family, to sit down, learn together and start these important processes.”
Presenters will include extension experts as well as agribusiness and legal professionals. During the program, participants will:
- Learn communication strategies.
- Set both personal and professional goals.
- Develop a farm or ranch transition plan.
- Identify estate planning issues and develop effective strategies for planning.
- Review financial feasibility and financial tools.
The workshop fee is $75 per person on or before Friday, March 1. On Saturday, March 2, the fee increases to $85 per person. Registration includes dinner on March 8 and lunch on March 9. It also includes two follow-up workshops, to be held virtually. Hotel accommodations are not included.
Registration may be completed here.
This material is based upon work supported by the U.S. Department of Agriculture, under agreement number FSA22CPT0012189.
2024 Returning to the Farm Tentative Agenda
Friday, March 8, 2024
- 2 p.m. Welcome and introductions
- 2:30 p.m. Goals presented by Jay Parsons
- Where do you see your farm/ranch in 2030?
- Purpose, mission, vision?
- 4:15 p.m. Break
- 4:30 p.m. Farm Estate and Transition Planning by Jessica Groskopf
- He who has the gold…
- Building Your Team
- Estate Planning vs. Transition Planning
- Family Meetings
- Basic Documents
- 6 p.m. Dinner
- 7 p.m. Wants, Needs, Fears, Expectations group activity
- 8 p.m. Adjourn
Saturday, March 9, 2023
- 8:30 a.m. Day 1 debrief
- 9 a.m. Attorney presentation
- 10:15 a.m. Break
- 10:30 a.m. Attorney Q&A/Begin family planning time
- Noon Lunch
- 1 p.m. Family planning time
- To-do list
- Consultations with facilitators?
- 2:30 p.m. Final thoughts
- 3 p.m. Adjourn
Tuesday, March 26, 2024 (Virtual)
- 6:30 p.m. CT, Financial Considerations with Jessica Groskopf
- 8:00 p.m. Adjourn
Tuesday, April 16, 2024 (Virtual)
- 6:30 p.m. CT, TBD
