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Extension workshop to focus on farm succession

LINCOLN — Farm and ranch families looking ahead to the future of their operation can get practical help later this month during a Nebraska Extension workshop in Lincoln.

Returning to the Farm or Ranch will be held from 8 a.m.-5 p.m. June 26 at the Nebraska Extension office in Lancaster County, 444 Cherrycreek Road.

A pre-workshop session focused on family communication will be held from 5-8 p.m. June 25.

The workshop will be presented by the Center for Agricultural Profitability at the University of Nebraska-Lincoln.

Anastasia Meyer, an agricultural economist with Nebraska Extension, said the program is designed to help families work through the many issues that come with passing a farm or ranch from one generation to the next.

“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.”

Participants will hear from agricultural law, tax and financial professionals.

They also will take part in activities focused on communication, goal setting and long-term planning.

Topics will include estate and transition planning, family communication, setting goals for the operation and family, building a professional transition team, financial and legal issues and identifying the next steps in succession planning.

The workshop is intended for farm and ranch families at all stages of the transition process, including those who do not yet have a formal succession plan in place.

The event is part of ongoing work by the Center for Agricultural Profitability and the Nebraska Land Link program to support agricultural producers, landowners and beginning farmers across Nebraska.

Families are encouraged to bring everyone involved in the future of the operation.

Registration is $85 per person in advance or $100 at the door. Lunch will be provided.

Registration is open through June 26 at cap.unl.edu/rtf26.


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