So you've inherited a farm, now what?

farm
Those who have in inherited or received farmland and want to learn more about the best strategies for managing the asset are encouraged to attend one of several Nebraska Extension programs being offered across the state this fall.

October 12, 2017

Lincoln, Neb. — Those who have in inherited or received farmland and want to learn more about the best strategies for managing the asset are encourage to attend one of several Nebraska Extension programs being offered across the state this fall.

“I am contacted monthly from citizens who have had their parents pass away, and now they are managing a farm for the first time in their lives,” said Allan Vyhnalek, Nebraska Extension educator and event speaker.  “They may have even grown up there, but haven’t been around for 30 or 40 years and need to understand that farming practices and management concepts have changed.” 

Topics to be addressed in the 2.5 hour workshop include:

  • Am I keeping the farm or selling it?
  • How do I manage a farm?
  • If leasing, what are key lease provisions? 
  • What legal considerations do I have with this decision?
  • And, how do we manage family communications and expectations when other family is involved?

The program is being presented by Vyhnalek and Jim Jansen, a Nebraska Extension Educator. They provide farm land management education for eastern Nebraska.

The workshop series begins Nov. 2 in Bridgeport and will make stops in Grand Island, Arapahoe, O'Neill, Auburn, York, Scribner, Norfolk, Wayne, Weeping Water, Wilber, Kearney, South Sioux City and North Platte before ending Dec. 20 in Imperial. For a complete listing of dates, locations and registration information, visit https://cropwatch.unl.edu/2017/so-you%E2%80%99ve-inherited-farm-now-what.  

Pre-registration is requested by two days prior to the event.  Advance registration is requested to ensure enough handouts for the program. This program is free because of funding from the North Central Extension Risk Management Education Center and USDA National Institute of Food and Agriculture under award number 2015-49200-24226.

For more information or assistance, please contact Allan Vyhnalek, Extension educator, farm succession, at 402-472-1771 or e-mail avyhnalek2@unl.edu, or contact Jim Jansen, Extension economist for northeast Nebraska at 402-261-7572 or e-mail jjansen4@unl.edu.

Allan Vyhnalek
Extension Educator
Nebraska Extension
402-472-1771
avyhnalek2@unl.edu
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