Nebraska Hosts Free Succession Workshops

By Scout Nelson

Farm and ranch families in north central Nebraska are invited to attend free educational workshops focused on succession and estate planning. These events are designed to help agricultural operations prepare for future ownership and management transitions in a clear and organized way.

The workshops are hosted by the Nebraska Rural Response Hotline in partnership with several agricultural organizations and programs. Together, they aim to provide practical guidance that supports long term planning and decision making for farm and ranch operations.

Workshops will be held at multiple locations to improve access across the region. Sessions are scheduled in Mullen, Valentine, Ainsworth, and O’Neill over several days in early January. Each event offers several hours of instruction and discussion, with lunch or materials provided through local sponsor support.

The educational sessions will cover a wide range of important topics related to succession planning. These include estate and succession planning basics, key decisions involved in transferring operations, and tools available to support smooth transitions. Participants will also learn about transfer and tax implications, including portability considerations.

Additional topics include the use of limited liability companies in succession planning, such as buy sell agreements and asset protection strategies. Workshops will also explore options, lease rights, preemptive rights, and financial and management issues that commonly arise during succession planning.

“These workshops are intended to help farm and ranch families start, continue or refine their succession and estate plans,” Groskopf said. “Planning for the future ensures a smooth transition to the next generation and protects the legacy of Nebraska’s agricultural producers.”

Participants are encouraged to register early or for more information, please contact the Nebraska Rural Response Hotline at 1-800-464-0258. These workshops offer a valuable opportunity to gain practical knowledge, ask questions, and begin important conversations about the future of agricultural operations.

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