Keeping the Legacy Alive - National Ag Risk Education Library

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Ken Hart
University of Idaho Extension Educator
Nezperce, Idaho
khart@uidaho.edu
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
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
•
•
•
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•
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
Communicating the Legacy
(Crops, Farm Management)
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
Keeping The Legacy Alive
Evaluation and Impact
• “Very Good Program”
I M P A C T
• “Can’t Be Improved”
• “Thank you for offering
this program”
D I R E C T I O N
• “Fun”
• “The instructors are well
informed and kept
C H A N G E
audience interested”
C H A N G E
I M P A C T
Keeping The Legacy Alive
Formal Evaluation
• 1-5 Likert scale with 59 responses
• Information met needs
4.7
• Presentation clear/organized
4.6
• A/V and teaching aids
4.6
• Instructors informed/interesting
4.7
• Instructor interaction
4.7
Keeping the Legacy Alive
Farming Together for a Better Future
For two generation farms and includes all involved persons.
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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
Keeping The Legacy Alive
There’s Still Time!
Ken Hart
Lewis County, Nezperce
208-937-2311
khart@uidaho.edu
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