LINCOLN, Neb. – The University of Nebraska Extension Service will host a series of workshops designed to help ag landowners, ranchers and farmers plan for the future.
Estate and Transition Planning will be held in Scottsbluff and Sidney in late September and early October. The first will be at the Panhandle Research and Extension Center campus, 4502 Ave. I, in Scottsbluff from 10 a.m. to 2 p.m. Sept. 30. Call PREC at (308) 632-1230 to register.
The Cheyenne County Community Center, 627 Toledo St., in Sidney, will be the host site for the second in the series of workshops, set for 10 a.m. to 2 p.m. Oct. 1. Call Cheyenne County Extension at (308) 254-4455 for registration. A third workshop is set for 10 a.m. to 2 p.m., Oct. 2 at the Mid-Plains Community College in Ogallala. Call Keith County Extension, (308) 284-6051, to register.
Speakers Allan Vyhnalek, extension educator specializing in farm succession and transfer, and attorney Katie Samples Dean will be featured speakers for the workshops. Topics include the importance of having a plan; proper family communications; proper family negotiations; needed end-of-life documentation; and estate planning options using wills, trusts, and other business entities.
For most, the idea of retirement or of passing the farm along to the next generation bring up thoughts of one’s own mortality. But it’s a necessary step and, with proper planning, can be made with relative ease. The Estate and Transition Planning workshops provide an outline of what’s needed to either take or restart the process.