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Ken Hart University of Idaho Extension Educator Nezperce, Idaho [email protected]. An Extension Team Project from University of Idaho Extension, Northern District Extension, North Central Idaho Area. Keeping the Legacy Alive. Estate and Succession Planning for Farmers and Ranchers. - PowerPoint PPT Presentation
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Keeping the Legacy AliveEstate and Succession Planning
for Farmers and Ranchers
An Extension Team Project from University of Idaho Extension, Northern District Extension, North Central Idaho Area
Keeping The Legacy Alive Team
• Jim Church (Idaho)• Kirsten Jensen
(Idaho)• Ken Hart (Lewis)• Randy Brooks (Campus)• Kathee Tifft (Nez
Perce)
• Cinda Williams (Latah)
• Karen Richel (Latah)• Valdasue Steele (Nez
Perce Reservation Extension)
• Pete Volk (Campus)
Keeping The Legacy Alive Mission
Estate and Succession Plans – Why Doesn’t Everyone Have One?
Lolo Creek Farm
Keeping The Legacy Alive Workshops
• 3 days• 4 hours• 2 months• 1 dinner• courage
Goals for a Lasting Legacy(Sustainable Ag and Small Farms)
Getting started
Communicating
Exploring
Next steps…
Organizing Your Financial Paperwork(Family Finance)
Yes it is possible!
Who Get’s Grandma’s Yellow Pie Plate?(Family and Community Development)
Healthy Lifestyles for a Healthy Legacy(Health and Nutrition, Fitness, Wellness)
Living Legacy
Diet
Strength
Communicating the Legacy(Crops, Farm Management)
Family
Communication
Passing on the Family Forest Legacy(Extension Forestry Specialist)
• Focus on building for the future
• What makes family forests special?
• “Ties to the Land”
Get That Herd Ready to Move!(Livestock)
Fields for the Future(Crops, Farm Management)
• Questions
• Decisions
• Strategies
• Machinery
• Land
Indian Lands and Leases(Extension Indian Reservation Program)
Farm/Ranch Transition & Planning(Attorney with Estate/Succession Planning)
Keeping The Legacy Alive
Sharing
Keeping The Legacy Alive Evaluation and Impact
• “Very Good Program” • “Can’t Be Improved” • “Thank you for offering this program”
• “Fun” • “The instructors are well informed and kept audience interested”
IMPACT
DIRECTION
CHANGE
Keeping The Legacy Alive Formal Evaluation
• 1-5 Likert scale with 59 responses • Information met needs4.7
• Presentation clear/organized 4.6• A/V and teaching aids 4.6
• Instructors informed/interesting4.7
• Instructor interaction4.7
IMPACTCHANGE
Keeping the Legacy AliveFarming Together for a Better Future
For two generation farms and includes all involved persons. Communication and Strategic Goals Mission Analysis Determining Resources and Financial Condition Management Succession Strategies Legal Strategies
Focused for the commercial farm or ranch with owners and managers who are serious about moving forward with a successful agricultural business transition.
Keeping The Legacy Alive Funding
