Estate Planning

Farm family

Breaking Through Resistance in Family Business Discussions

July 7, 2022
Learn how to effectively respond to emotions in family business discussions in order to save time, reduce stress and increase cooperation around business matters in this new webinar.

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Farm family
USDA/Flickr (Public Domain)

Farm Succession Planning: Simple Steps

April 8, 2022
This Center for Agricultural Profitability article includes simple steps that can be taken now to get moving on putting together your estate or succession plan.

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Family farm members
Lance Cheung/USDA (Flickr/Public Domain)

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.

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farm setting at sundown

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?

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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.

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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.

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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.

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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.

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