News Staff
Tuesday, January 9, 2024
The Nebraska Rural Response Hotline, together with the Nebraska Department of Agriculture Beginning Farm Tax Credit and Negotiations Programs, and the Farm & Ranch Project of Legal Aid of Nebraska, are sponsoring free 3 - 4 hour workshops for farm and ranch families. These workshops will cover basic estate and succession planning (tools, considerations and decisions); the use of business entities in farm and ranch succession; finance and management issues in succession planning; transfer, death, and other tax issues, including the portability election; and options, buysell agreements, leases and preemptive rights. The aim of the program is educational: to provide reliable information that may assist farm and ranch families in putting together business succession plans, or in reviewing their existing plans.