Upcoming South Dakota Workshops!

For those of you near Spearfish and Pierre, workshops concerning estate planning are coming to you!

Dakota Rural Action and the Rural Response Hotline are jointly hosting a free workshop on farm and ranch business succession and estate planning, as well as new beginning farmer initiatives in the 2014 Farm Bill.

For Spearfish, the workshop is: Tuesday, July 22, 2014 at Hudson Hall, Room C, 222 West Hudson Street.

For Pierre, the workshop is: Thursday, July 24, 2014 at Best Western Ramkota, Lake Rooms, 920 W. Sioux Avenue.

The program runs from 8:30 a.m. to 12:00 p.m. Presenters include Dave Goeller (Univ. of Neb. Lincoln Beginning Farmer Program Coordinator) and Joe Hawbaker (farm and ranch attorney).

Call the Rural Response Hotline at 800-464-0258 to register.  We look forward to seeing you there!

Upcoming Events!

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.