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 Grand Island for multi-generational families on Dec. 8 and 9 at the Bosselman Convention Center located at Fonner Park, 700 E. Stolley Park Road.
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,” extension educator Jessica Groskopf said. “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, which includes dinner on Dec. 8 and lunch on Dec. 9. It also includes two follow-up workshops, to be held virtually, in the evenings on Jan. 11 and Feb. 8. Hotel accommodations are not included.
Returning to the Farm 2023 Agenda
Friday, Dec. 8, 2023
1:00 pm Welcome & Introductions
1:30 pm Goals
2:30 pm Thoughts from an Attorney
3:30 pm Break
3:45 pm Farm Estate and Transition Planning
5:15 pm Begin Wants, Needs, Fears, Expectations Group Activity
6:00 pm Working Dinner
7:00 pm Adjourn
Saturday, Dec. 9, 2023
8:30 am Day 1 Debrief
9:00 am Communications
10:15 am Break
10:30 am. Family Planning Time
Noon Lunch
1:00 pm Family Planning Time
2:30 pm Final Thoughts/Homework Assignment
3:00 pm Adjourn
Thursday, Jan. 11, 2024
6:30 pm Financial Considerations by Jessica Groskopf
8:30 pm Adjourn
Thursday, February 8, 2024
6:30 pm USDA Beginning Farmer Loans, NDA Tax Credit, Etc.
8:30 pm Adjourn