Planning for a Return to the Family Farm

Dec 17, 2007 10:54 AM

Individuals thinking about returning to the family farm or ranch, or children thinking about returning are encouraged to attend a two-session program at the Radisson Fossil Creek in Fort Worth, Texas.

“Planning the Return to the Farm/Ranch,” a program offered by the Texas Cooperative Extension, is scheduled for two sessions: Jan. 18-19 and Feb. 22-23.
The program helps inform individuals on the issues and alternatives before making a commitment to returning to the family business, according to Danny Klinefelter, Extension economist.

Planning for the future is key for any successful business, Klinefelter says, and this program will show how to use appropriate agreements and business arrangements to keep family disagreements from turning into legal battles over issues that could have been avoided by better planning and communication.

The program can benefit a family whose child is planning to return to the farm or ranch within one or two years, Klinefelter says.

Registration is $750 per family up to four people. The fee includes a copy of the book, Building Effective Management Systems. Materials, breaks and lunches throughout the program will be provided. A block of rooms is available at the Radisson Fossil Creek for $85 per night. To register visit http://rttf.tamu.edu.

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