Farm and Ranch Succession and Transition Workshop 7 February 2019

Persons of all ages are invited to attend a “Farm and Ranch Estate Planning Workshop” hosted by UNL Extension.  This workshop will held on 7 February 2019 at 1:00 pm to 3:30 pm at the ­­­­­­­­­­­­­­­­­­­­­­­­­­­­­Community Building, Red Willow County Fairgrounds, McCook NE.

The fee to attend this workshop is $15 payable at the door. Everyone attending is asked to pre-register by calling the Red Willow County Extension Office, 308-345-3390 to ensure that there are enough handouts, and other materials.  The registration fee will include your handouts, refreshments, and presentations.

One presentation will focus on the decisions and situations that should be addressed when thinking about how your farm or ranch estate will be passed.  Topics will include: the need for planning, proper family communications, who makes the decisions, concept of fair versus equal, how to effectively negotiate with family, preparing to meet with an attorney, and more.  The presentation is designed to give some basic information to those that haven’t yet started to think about their succession or transition plan for their assets.

Allan Vyhnalek, UNL Extension Educator for Farm Succession will present.  He is assigned to the Ag Economics Department to work on farm and ranch succession and transition.  Allan draws on 31 years of experience in Extension to give participants information that they can use.

Participants at previous events always report that they wished they would have started sooner, when asked about the value of attending the presentation.  The consequences of not having an appropriate plan in place can jeopardize the financial stability and the future of the family.  More importantly, we need to have our wishes known to others so the legacy of the farms and ranches can be passed to the individuals or entities intended.

For more information or assistance, please contact Allan Vyhnalek, 402-472-1771. For registration, contact the Red Willow Extension office, 308-345-3390, or Robert Tigner Agricultural Economics Educator, 308-883-1409.