Keys to Successful Farm Transition Planning
July 22, 2021
Extension educator Allan Vyhnalek reviews the issues and goals a farm or ranch family should consider while planning a transition in their operation.
Why Do We Not Have an Estate Plan?
May 7, 2020
For quite a few farmers and ranchers, the thought of retiring is likely not something that they want to consider. So, if I’m not retiring, why would I complete an estate plan?
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.
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.
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.
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.
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.
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.