K-State Research and Extension Post Rock District

Business Succession & Estate Planning

General ResourcesBusiness Succession

  • Our Valuable Records : Receipts, documentation, proofs of ownership, and pieces of identification may be needed to collect insurance or retirement benefits; to receive military compensations; and to solve tax or estate settlement problems. This K-State Research and Extension publication is a tool to help identify your family’s valuable records.

  • Decisions After a Death–Practical Suggestions Regarding Financial and Legal Matters: It is difficult to make decisions or even know where to start after the death of someone close to you. This K-State Research and Extension publication provides practical guidance as you face some of the legal and financial issues that may need dealt with.

  • Who Gets Grandma’s Yellow Pie Plate?: Who Gets Grandma’s Yellow Pie Plate?™ provides people with practical information about the inheritance and transfer of non-titled personal property. The curriculum, workshop, and related web resources help families communicate, make decisions, and lessen conflict. Web-based resources are made available by the University of Minnesota Extension.
  • Kansas Small Business Development Center (KSBCD) : The Fort Hays State University KSBDC is a regional resource and support center for the small business person. KSBDC works to help entrepreneurs and small business owners start and grow their businesses though professional consulting, training, and resources.

Agricultural Businesses

  • AgManager.info: This comprehensive web resource managed by the K-State Department of Agricultural Economics provides information and tools for the competitive business. Resources topics include agribusiness, crops, energy management, livestock and meat, policy and risk management, land leasing and purchase, machinery, and a wide variety of other decision tools.

  • Transition Planning–12 Steps to Keep the Family Farming : While many family-owned businesses have the long-term objective of “passing the business on to the next generation,” this is not an easy process. This K-State Research and Extension publication outlines 12 steps that can increase the possibility of a successful transition.

  • Kansas Agricultural Mediation Services (KAMS) : K-State Research and Extension’s KAMS program answers agricultural legal and financial questions, plus much more. KAMS connects producers to the right resources for ag-related concerns. A network of farm financial analysts, agricultural law attorneys and certified mediators helps producers explore options to move forward with confidence. Call the KAMS hotline, 800-321-FARM, for free initial information and guidance.

  • Farm Analyst Program : K-State Research and Extension’s Farm Analyst Program is an educational service to promote business planning for farm families. Analysts work directly with small, moderate, and large farm operations to evaluate how the business is currently structured and operating. Alternative plans are also assessed to assist with future planning. Agricultural success can be achieved through competitiveness, profitability, and efficiency.

  • Kansas Farm Management Association (KFMA) : The KFMA program is associated with K-State University and is organized into six regional associations. The primary goal of the KFMA program is to provide each member with information that can be used to help make farm and family decisions.

  • AgPlan : AgPlan helps rural businesses develop a business plan. It is an agriculture, fisheries, and small business planning website through the University of Minnesota’s Center for Farm Financial Management.

  • The Center for Agricultural Law and Taxation (CALT): CALT provides timely, critically objective information to producers, professionals and agribusinesses concerning the application of important developments in agricultural law and taxation. CALT is an educational resource provided by Iowa State University.