February 19, 2016

The Beginning Farmer and Rancher Network's Farm Succession Series continues in March with workshops at:

• Geneva — March 2, Fillmore County Fairground, 10 a.m. - 3 p.m.
• Kearney — March 3, Buffalo County Extension Center, 9:30 a.m. - 2:30 p.m.
• Blue Hill — March 4, Blue Hill Community Center, 9:30 a.m. - 2:30 p.m.

The free workshops cover business succession and estate planning for farm and ranch owners, families and beginning farmers and ranchers. 

Topics will include:

• Stages of succession planning, contribution & compensation, balancing the interests of on-farm and off-farm heirs;
• Importance of communication, setting goals, analyzing cash flow, and balancing intergenerational expectations and needs;
• Beginning farmer loan and tax credit programs;
• Use of trusts, wills, life estate deeds and business entities (such as the limited liability company) in family estate and business succession planning;

Registration

For more information or to register, contact the Rural Response Hotline at 1-800-464-0258.