So You've Inherited a Farm, Now What?

If you've inherited or received farmland and want to learn more about the best strategies for managing this asset, check out the following recording by Jim Jansen and Allan Vyhnalek, Extension Educators. They provide farm land management education for eastern Nebraska.

https://unl.box.com/s/mhlcxzc606kna5kqpfw25nikx44f3rc6

Topics covered 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?

“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.”

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.