Curious about LLC’s and leases?  Wondering how each can be used for your operation and for estate planning purposes?  Well, come to our workshop!

The workshop will be held in Syracuse, (December 10th, 2013) in the basement of the First National Bank.  The workshop is 9:30 am to 12:00 pm.  There is no charge for the workshop.  To register (and for questions) call the Rural Response Hotline at 1-800-464-0258.

The LLC (limited liability company) – What is it?  How is it formed?  How it is used?  This discussion will include information on LLC operating agreements; on using the LLC to keep the family farm or ranch going between generations; on using the LLC to protect assets from creditors and family circumstances; on using the LLC to separate ownership and control of assets; and on the use of the LLC in estate and gift tax planning.

In addition to the presentation and discussion on LLCs, there will be a shorter presentation on Leases:  what goes into them and how they are used, both in ongoing operations and as part of transition planning.

Joe Hawbaker, Agricultural Law attorney, with Hawbaker Law Office; and

Angie Miller, Farm Attorney with Beginning Farmer and Rancher Development Program Legal Aid of Nebraska will present the program.

This workshop is made possible by the Nebraska Network for Beginning Farmers & Ranchers, the Farm and Ranch Project of Legal Aid of Nebraska, the Risk Management Agency of the USDA, National Institute of Food and Agriculture, the Nebraska Department of Agriculture’s Farm Mediation, Otoe County Extension, and the First National Bank, Syracuse branch.