Completed Project Report


So You've Inherited a Farm, Now What?

  • Award Amount: $18,726
  • Regional Center: North Central Extension Risk Management Education Center
  • Grant Program: 2017 Education Projects
  • Project Director: Jim Jansen
  • Email: jjansen4@unl.edu
  • Organization: Board of Regents of the University of Nebraska for the University of Nebraska-Lincoln

Extension RME Regional Centers
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Project Overview

The purpose of this project addressed the risk management issues related to inheritance and operation of agricultural land assets. Specifically, education outcomes from this project addressed the management, legal, and financial elements of risk faced by operators who recently inherited a farm or ranch. The target audience for this project included young and beginning producers, new agricultural operation owners, and allied agricultural professionals across the state. Outreach for this project was delivered across Nebraska through 25 strategically located face-to-face workshops approximately three hours in length reaching 610 participants.  Two online webinars were also offered and reached over 200 participants.   In addition to the in-classroom meetings, additional lectures were made available electronically via the University of Nebraska-Lincoln Department of Agricultural Economics' Nebraska Farm Real Estate and Farm Succession websites. Access to these websites remain open to the general public as a risk management resource.

Over 72 percent of the participants indicated that the information provided at this workshop increased their understanding of strategic succession and transition planning decisions and 68 percent indicated that agricultural land leases and written contracts were improved due to participation in the program.

Number of Participants: 610

Results

Project Steps

PROMOTIONAL MATERIALS

There are no promotional materials available for this project.

EDUCATIONAL MATERIALS

There are no educational materials available for this project.

REPORTS & EVALUATIONS

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DELIVERY AREA

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INDIVIDUAL STORIES / EXAMPLES OF SUCCESS / QUOTES