Nebraska farm and ranch families are invited to attend a free educational workshop focused on succession and estate planning. Hosted by the Nebraska Rural Response Hotline in collaboration with the Nebraska Department of Agriculture’s Beginning Farmer Tax Credit and Negotiations Programs, Nebraska Extension, and the Nebraska Farmers Union Foundation, these workshops are designed to help producers prepare for the future of their operations.
The Farm & Ranch Succession Workshops will take place:
- Mullen: Jan. 5 from 11 a.m. to 3 p.m. MT at the Methodist Church (304 N Veteran Ave). Meal sponsored by Dayspring Bank.
- Valentine: Jan. 6 from 10 a.m. to 2 p.m. CT at Mid-Plains Community College (715 US-20 E). Meal sponsored by Security First Bank.
- Ainsworth: Jan. 6 from 5 p.m. to 9 p.m. CT at the Ainsworth Church of the Nazarene. Meal sponsored by Tri-County Bank.
- O’Neill: Jan. 7 from 9 a.m. to 1 p.m. CT at Holt County Courthouse Annex (204 N 4th St). Meal sponsored by Farm Credit Services of America.
These workshops will cover:
- Estate and succession planning: key considerations, decisions, and available tools
- Transfer, death, and tax implications including portability
- The use of LLCs in succession planning: buy-sell agreements and asset protection
- Options, lease rights, and preemptive rights
- Finance and management issues in succession strategies
“These workshops are intended to help farm and ranch families start, continue, or refine their succession and estate plans,” said Jessica Groskopf, an agricultural economist with Nebraska Extension. “Planning for the future ensures a smooth transition to the next generation and protects the legacy of Nebraska’s agricultural producers.”
While the workshop is free, we kindly ask that you register ahead of time to help us prepare meals and materials. To register or for more information, please contact the Nebraska Rural Response Hotline at 1-800-464-0258.
This event is based upon work supported by the U.S. Department of Agriculture, under agreement number FSA22CPT0012189.
