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NEBRASKA WEATHER

Workshop Guides Farm Succession Planning

Workshop Guides Farm Succession Planning


By Scout Nelson

A special workshop focused on farm and ranch estate planning will take place on June 26 at the Nebraska Extension office in Lancaster County. The program, titled Returning to the Farm or Ranch, will run from 8 a.m. to 5 p.m. A pre-workshop session on family communication is also scheduled on June 25 from 5 p.m. to 8 p.m.

The workshops are organized by the Center for Agricultural Profitability at the University of Nebraska Lincoln. The program aims to help farm and ranch families prepare for the future by offering guidance on transition and succession planning.

Participants will hear from experts in agricultural law, finance, and taxation. They will also take part in activities that focus on improving communication, setting clear goals, and planning for long-term success. These sessions are designed to help families better understand the steps needed to manage agricultural operations effectively over time.

“Transition planning in agriculture often involves more than legal documents and financial decisions,” Meyer said. “It also requires families to communicate openly about goals, expectations and the future of the operation. This workshop will provide practical guidance for those beginning the process, as well as those looking to strengthen an existing plan.”

The workshop will cover important topics such as estate planning, family communication strategies, goal setting, building a professional advisory team, and understanding legal and financial responsibilities. It will also help participants identify clear next steps for succession planning.

This program is open to all farm and ranch families, including those who do not yet have a formal plan in place. Families are encouraged to attend together so that all members involved in the operation can take part in discussions.

The event is part of efforts to support agricultural producers, landowners, and new farmers. The registration fee is 85 dollars if paid in advance or 100 dollars at the door. Lunch will be provided. Interested participants can register online here.

Photo Credit: pexels-fauxels

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