Estate Planning

Managing a Farm/Ranch Transfer to the Next Generation

August 23, 2019
Successfully getting the next generation to return to the farm and then keeping them on the farm can be accomplished through four stages that can help all the family make a peaceful transition.

Read more

Avoiding Fireworks When Two Generations Manage an Ag Operation

June 26, 2019
Sometimes when a younger generation returns to the farm, shared management can be a difficult transition. The author of this Cornhusker Economics article talked with growers across the state about their concerns and offers recommendations for achieving a smooth integration.

Read more

Ag Estate Planning Workshops this January in West Point and Blair

December 14, 2018
Designed to help anyone thinking about how they should proceed with plans to retire, exit, or transfer the farm or ranch business, these workshops are free but preregistration is required.

Read more

Steps on a hillside

Accounting for Agriculture: Step Up While Passing Down

December 11, 2018
A major consideration in estate planning is the transfer of assets to the next generation. Using step-up in basis can allow for the sale of long-held farm ground that appreciated in value, with little to no capital gain issues.

Read more

Farm-Ranch Succession and Transition Workshops Nov. 5-7

October 16, 2018
Negotiating with family and understanding the difference between fair and equal will be among the topics addressed at Farm and Ranch Estate Planning workshops in western Nebraska Nov. 5-7.

Read more

Farm/Ranch Transition Workshops: When You're Not in Control

September 28, 2018
A new series of Nebraska Extension farm/ranch transition workshops is designed for the "sandwich generation," the one falling between retiring grandparents and the grandchildren who may or may not be interested in returning to the operation. The workshops will cover family communication and financial and legal aspects.

Read more

Graphic showing article title

Financial Impact of the Tax Cuts and Jobs Act on Ag Producers

August 22, 2018
As experts continue to interpret the new tax code, two things are certain for ag producers: The changes are far reaching and complex and in many cases, will result in a lower tax liability. This overview looks at several of the major changes affecting ag producers.

Read more

Farm scene

Farm and Ranch Estate Planning Workshops

March 2, 2018
Farm and ranch estate planning workshops will be held at four sites in March. The workshops offer information on how farm and ranch estates can be passed to ensure the financial stability of families.

Read more

Pages