Farm Progress

So you've inherited a farm - now what?

Regional workshops will cover topics including lease provisions and farm management.

July 3, 2018

1 Min Read
NOW WHAT? Those who inherit farmland first must decide if they will keep the farm or sell it.

By Allan Vyhnalek

If you've inherited or received farmland and want to learn more about the best strategies for managing this asset, learn what it means to own agricultural land today at one of several Nebraska Extension programs being hosted this year across the state.

Topics to be covered in the three-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?

 How do we manage family communications and expectations when other family is involved?

"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."

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

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

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For more information or assistance, contact Allan Vyhnalek, Extension educator, farm succession, at 402-472-1771 or e-mail [email protected], or contact Jim Jansen, Extension economist for northeast Nebraska at 402-261-7572 or email [email protected].

Vyhnalek is a Nebraska Extension educator. This report comes from the UNL Department of Agricultural Economics

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