Estate Planning

Young farm couple talking in field
Estate planning goes beyond creating a will and assigning beneficiaries to inherit land after a death — it's also important for farmers and ranchers to consider what medical care they want to receive if a debilitating illness or accident leaves them unable to make decisions.

Are You a Farmer or Rancher Over 18? It’s Time for an Estate Plan

October 12, 2023
Often, the risk of failure for a farm caused by the unexpected death or disability of a young person is much greater than the loss of an older member. In this article, learn more about the key components of creating an estate plan for young producers. 

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Farm couple with child in field
Brandon Dirkschneider, managing principal/president with Insurance Design Management (Omaha), certified financial planner and farm succession coordinator, is the featured speaker of a new transition planning webinar, free to the public on CAP. (Photo courtesy Erin Ehnle Brown/realagstock)

Transition Planning Webinar: Ensuring Success on the Family Farm and Ranch

September 1, 2023
Learn how to get the right transition plan in place for your farm or ranch operation with this free webinar, featuring Brandon Dirkschneider of Insurance Design Management.

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Man and woman arguing
More often than not, both sides share a role in and a responsibility for escalation of a situation. Offering an apology allows you to accept your role in the situation and work toward a reconciliation. (Center for Ag Profitability photo)

Can We Be Sorry? Navigating Disagreements on the Farm

August 29, 2023
There can be many roadblocks in reconciling after a fight — learning how to identify and overcome these obstacles is the first step in taking responsibility and improving your relationships with loved ones. 

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Man filling out paperwork
Remember: You don’t have to hire the first lawyer you consult. You need to have a lawyer you trust. Consider recommendations from friends, family and other ag professionals in the community, or by searching websites like legalmatch.com or lawyers.com.

Preparing for Farm and Ranch Succession: How You Select a Lawyer

August 10, 2023
Insights on how to prepare for a meeting with an attorney, including questions that can help producers decide who will best represent their family's interests.

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Farmers
Nebraska Extension Educator Jessica Groskopf outlines what types of conversations should be had around finances during the transition process in this Center for Agricultural Profitability webinar.

Farm Transition: Beginning Conversations About Finances

April 21, 2023
One of the hardest things to do is talk about finances —  in this new webinar, Nebraska Extension Educator Jessica Groskopf helps farm owners and heir generations learn how to discuss operational finances while planning a succession. 

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Farmers talking
Currently, only a third of farm families successfully transition management to the next generation. In this article, Nebraska Extension Educator Allan Vynhalek shares advice on how to incorporate the next generation of leaders into an operation before succession to ensure their prosperity in the years to come. (Photo courtesy Center for Agricultural Profitability)

Recognizing Power and Control in Estate Planning

March 16, 2023
Nebraska Extension Educator Allan Vyhnalek shares strategies that can help farm families improve their collaboration skills and prepare the next generation for leadership.

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Ranch family
The March 7 workshop in Sidney will include a panel of producers who have undergone transition and will share their experiences and insights.

Enhancing the Grasslands of Nebraska through Generational Transition

February 13, 2023
Registration is due by March 2 for this transition workshop that will review inheritance laws, legal structure of operations and flow of benefits to beneficiaries.

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Farm family
Farmers and ranchers in the Logan County area are encouraged to attend this free workshop from 1-3 p.m. Monday, Feb. 6, to learn how to effectively create succession plans for their operations. (Photo courtesy Center for Agricultural Profitability)

Agricultural Succession, Transition Planning Workshop in Stapleton

February 3, 2023
Nebraska Extension Educator Allan Vyhnalek will offer insights on how to effectively create estate plans, avoid common mistakes and more in this free workshop.

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