Website: agecon.unl.edu/succession Twitter:@arvred73 Allan Vyhnalek has worked in Extension in Iowa and Nebraska for 28 years. A native of Saline County, Nebraska, Vyhnalek received BS and MS degrees from the University of Nebraska-Lincoln in agricultural education. He taught in high school and post-secondary classrooms for 8.5 years prior to joining Extension. Focus Areas: Farm Management and Ag Economics Educational Programming: Ag marketing, farm leases, landlord/tenant relationships, farm transition, and estate planning
When terminating an oral or "handshake" land lease in Nebraska, notice needs to be made by Sept. 1, preferably by Registered Mail™. Written leases are recommended in all circumstances to avoid misunderstandings or lease disputes.
Inaction or failing to plan and communicate your wishes for transitioning your farm estate can create unnecessary and unexpected problems for the next generation. Here's what one family faced after the passing of their parents and what might have been done differently.
The Ag Land Lease programs are designed to help landlords and tenants develop leases that work well for both parties. The program will cover: understanding the latest land values and cash rental rates, communication and information sharing between a tenant and landlord, common lease provisions, and lease termination, among other topics.
If you've inherited or received farmland and want to learn some of the best strategies for managing it as an asset, get key information at a Nebraska Extension program being hosted at several sites this fall.
Some farm leases are not written, but are verbal or "handshake" agreements, the details of which may be remembered differently by both parties. This article addresses the deadline for giving termination notice for crop land leases (Sept. 1), how the requirements differ for crop and pasture lands, and links to sample written leases.
Farmers are increasing their soybean plantings for 2017, which likely means some are shifting to soybeans-after-soybeans. This article looks at what you should be considering at planting time as you consider changing your cropping sequence.