Farm Transitions: Entering, Expanding, or Exiting the Business

Register Today: Online or In Person Option!

Whether you want to begin farming, you are looking to transition your farm business to the next generation, or you are a producer somewhere in between, this event is for you. Come learn about opportunities, pitfalls to avoid, and tools required for a successful farm transition.

On the first day, you will hear from industry experts on the state of the farm economy and financial sector. Attendees will learn about the financial considerations necessary for beginning or expanding a farming business. On the second day, we will dive into the nuts and bolts of farm business transitions. We will explore how relationships with family members and business partners impact the success of a farm business.We will also review relevant tax, business, and estate law considerations and explain important planning tools and strategies.

This two-day seminar will equip farmers--whether they are entering, expanding, or exiting the business--to transition well. Although we are not offering continuing education credit for this two-day event, professionals working with farmers may benefit from this event as well. Those attending in person will have opportunities for networking including an optional tour of Jack Trice Stadium (limited to 50 attendees). Both in person and online attendees may interact with speakers and ask questions throughout both days. All attendees will receive a Farm Transitions manual. We hope to see you there!

Agenda: 

*Subject to change

Thursday, Feburary 9, 2023

  • Ag Market Outlook
    • Dr. Chad Hart, ISU Center for Agricultural & Rural Development
  • Major Financial Decisions for Farm Transitions
    • Dr. Alejandro Plastina, ISU Center for Agricultural & Rural Development
  • The Farmer Entrepreneur - Mindset for Innovation
    • Kevin Kimle, Agricultural Entrepreneurship Initiative
  • Beginning Farmer Loans and Tax Credits
    • Brian Gossling, USDA Farm Service Agency
    • Tammy Nebola, Iowa Finance Authority 
    • Nicki Howell, Iowa Financy Authority
  • Raising Your Financial IQ
    • Leslie Miller, ISU Extension Farm Financial Planning Program
    • Nancy Brannaman, ISU Extension Farm Financial Planning Program
  • Succession Tips from the Field
    • Chris Cornelius, Cornelius Seed
  • Optional Tour of Jack Trice Stadium
    • Limited to 50 people.

Friday, February 10, 2023

  • The Importance of Family Meetings on the Farm
    • Kiley Fleming, Iowa Mediation Service
  • Legal Tools & Strategies in Farm Succession Planning
    • Jennifer Harrington, Center for Agricultural Law & Taxation
  • Business Entities and Transition Taxes
    • Kristine Tidgren, Center for Agricultural Law & Taxation
  • Proceed with Caution: Preventing Mistakes in Farm Succession Planning
    • Kitt Tovar Jensen, Beginning Farmer Center
  • Planning for the Unexpected
    • Patrick Hatting, Iowa State Extension and Outreach

 

 

 

Registration: 

$175 - In-person Registration (includes lunch both days and a Farm Transitions workbook).

For groups of two or more, use code GROUP50 to recieve $50 off each in-person registration. Does not apply to student registration.

$100 - University or College Student Registration (in person or online) (Student scholarships are available. Visit this link to apply).

$150 - Webinar Registration (includes Farm Transitions workbook PDF) (Webinar participants will receive two links from GoToWebinar to join conference virtually).

Date and Time: 
Thursday, February 9, 2023 - 8:30am to Friday, February 10, 2023 - 4:30pm
Location: 
Gateway Hotel & Conference Center, 2100 Green Hills Dr, Ames, IA 50014 and Online
Accommodations: 

$114 room rate* Reserve your room at the Gateway Hotel & Conference Center  or call 515-292-8600.