Positioning the Next Generation for Transition of the Family Farm


Time: 9:00-4:00

Location: Chicago

Organization hosting this event: Illinois Farm Bureau

Price Free


Family business farmers must select the one or two people in the next generation that can successfully lead and own the farm, but who is that?  Then they may need to invite/attract that family member into the family business. Then the real work of transitioning leadership, enhancing governance and finally transitioning ownership comes into play.  There can be conflict at any step in the process.  This full-day seminar will provide you with models, frameworks and expert advice for completing this process; allow you to collect and record your thoughts at key points; and allow you to learn from your peers.  Questions and side bar conversations with the presenter are encouraged. 

Dan Bean from CMA is the presenter; he grew up on a family farm and owns farmland today.