Events

Among all of the financial assets you pass on to the next generation, perhaps none is as valuable and unique as your agricultural land. Indeed, land holds a special place in our psyche: We’ve heard “they don’t make any more of it,” And, we’re reminded of Warren Buffett’s statement that he’d prefer all the farmland in the United States to all of the gold in the world.

In this program we will discuss the following:

1. Why farm and ranch land is a unique asset

2. The psychological or family barriers due to memories and values that land represents

3. The potential opportunities in thinking about “land as gift”

4. Factors inherent in farm and ranch land gifts

Agenda:

7:45 – 7:55 am Login Access 7:55 – 8:00 am Welcome and Introductions 8:00 – Program Begins

 Our Presenter: 

Lance Woodbury provides facilitation and mediation services to family-owned agriculture enterprises working through communication and conflict, succession and strategic planning, family giving, estate planning and governance.

Lance also facilitates several farm and ranch peer groups, helping business owners and key staff learn from one another and build strong networks. He co-founded The Progress Coach program to provide executive-level education as participants navigate the ownership, management and relational systems in a family business.

Lance writes about family business issues for DTN/The Progressive Farmer and The Dispatch newsletter. He has authored two books on family business, The Enduring Legacy: Essential Family Business Values and Family Business: Genesis 37-50 and the Family of Joseph. He teaches Family Business Management at The Executive Program for Agriculture Producers (TEPAP) at Texas A&M University.

Lance has served on the board of the Kansas Agriculture and Rural Leadership (KARL) program and is a Fellow of the Farm Foundation Round Table. Lance also holds an Advanced Certificate in Family Business Advising and Fellow status with the Family Firm Institute, and he is a certified Kolbe Consultant.

Lance serves on the board of the Plains State Bank, the advisory board of Cedar Holdings in Indiana, and is a Trustee of the Finnup Foundation in Garden City, Kansas. He currently resides in Kansas City with his wife Dana and their three children.

Lance holds an MBA with an Emphasis in Food and Agriculture from Purdue University, an M.S., in Conflict Analysis and Resolution, from George Mason University, and received his BA from Sterling College, Sterling, Kansas.

This will be a ZOOM presentation. ZOOM sign-on information will be sent to those registered two days prior to the event and again 30 minutes before the event begins.