The legacy of the family farm

Staff Writer
Aledo Times Record

On Saturday, August  18, 2012, Dr. Ron Hanson, Neal E. Harlan Professor of Agribusiness in the Department of Agricultural Economics at the University of Nebraska- Lincoln will present “Continuing the legacy of Family Farms”.  The seminar will take place at the i wireless Center in Moline.  

Families need to be creative when developing a plan for passing down the family farm.  Dr. Hanson will identify and discuss family relations and business ownership succession issues that often confront farm families.  Certainly the entire succession process can result in great emotional stress among family members, especially if the farm has been in the family for several generations.  Dr. Hanson shares humorous and motivating messages filled with “true life” anecdotes to help families work through this process.

Sessions for the day include: Multi-Generational Family Farming: Harmony vs. Conflict- “Keeping a Positive Focus for Success in Family Farming”, Improving Communications Between Family Members- “Fence Posts Talking to Each Other”, Farm Family Business Ownership Succession- You can Buy the Family Farm But Remember I Still Own It”, “How Much Did Your Lawyer Cost Our Family Farm Business”, “What if the ‘What If’ Actually Happens?”, and “Keeping Your Farm in the Family for Another Generation”.  The day will be filled with valuable tools.  Don’t miss this important informational workshop for your family farm!

The cost to attend is $30 a person before July 13.  After July 13 the price is $40 per person, subject to seating availability.  Registration and coffee & rolls will begin at 8:30 a.m.  Dr. Hanson’s program will begin at 9:00 a.m. and end by 3:30 p.m.  Lunch and refreshments will be included.  Reservations are required and may be made by contacting the Henry County Farm Bureau at (309) 937-2411.  This event is sponsored by the following groups Ag View FS, COUNTRY Financial, Gold Star FS, Bureau County Farm Bureau, Henry County Farm Bureau, Mercer County Farm Bureau, Rock Island County Farm Bureau and Stark County Farm Bureau.