By Chabella Guzman
Nebraska Extension
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.
“These workshops are intended to help farm and ranch families start, continue, or refine their succession and estate plans,” said Jessica Groskopf. “Planning for the future ensures a smooth transition to the next generation and protects the legacy of Nebraska’s agricultural producers.”
The Farm & Ranch Succession Workshops will take place:
Sidney: Feb. 3, from 5 to 8:30 p.m. at the South Platte NRD (551 Parkland Dr)
Scottsbluff: Feb. 4, from 9 a.m. to 12:30 p.m. at the Panhandle Research, Extension and Education Center (4502 Ave I)
Meals sponsored by Platte Valley Bank Farm and Ranch Management.
Speakers include Weston Svoboda, and Jessica Groskopf. 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
While the workshop is free, register for a meal count and materials. To register or for more information, contact the Nebraska Rural Response Hotline at 1-800-464-0258.