J. David Aiken - Extension Water and Agricultural Law Specialist

Dave Aiken

faculty

Professor Agricultural Economics University of Nebraska–Lincoln
Courtesy Professor School of Natural Resources University of Nebraska–Lincoln

Work Filley Hall (FYH) 103D

Lincoln NE 68583-0922

Work 402-472-1848 On campus, dial 2-1848

daiken@unl.edu

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Faculty Bio

tractor in a field — Given current low crop prices and thin operating margins, parents may be asked to guarantee payment of a child's debt when the younger producer is having difficulty repaying a loan. Parents may want to seek an objective, third-party assessment counsel when evaluating their potential risk.

Things To Consider Before Co-Signing A Loan

February 9, 2017

Parents co-signing loans for their children is common in agriculture. Traditionally, it has happened when a younger producer needs a loan for major purchases such as land, livestock, or farm equipment. Given current low crop prices and thin operating margins, parents also may be asked to guarantee payment of a child's debt when the younger producer is having difficulty repaying a loan. While no one wants to see a financial loss for their children, parents need to carefully consider the potential for losing a significant amount of their savings before signing on the bottom line.

Lincoln solar farm — Figure 1. The state’s largest solar farm – located just west of Lincoln off Interstate 80 – features 15,333 solar panels on 30 acres. Developed by the Lincoln Electric System and completed in June 2016, it generates approximately 5 megawatts of electricity, enough to power 900 typical homes in Lincoln. (Photo by John Hay)

Solar Land Lease: Considerations in Nebraska

January 31, 2017

Before signing a solar lease, consider how it may impact your taxes, insurance, federal agriculture programs, and other property rights such as oil and minerals. This article looks at solar leases and points to consider in Nebraska.

Nebraska’s Estate Plan for your Farm

January 10, 2017

What happens if you die without leaving a will or trust? This article explains the provisions in Nebraska laws for administering your estate and transferring your assets, as well as who may have to pay inheritance taxes.