Agricultural Economics, Department of

 

Date of this Version

6-25-2025

Document Type

Article

Citation

Groskopf, J. “Navigating Farm Succession Without a Family Heir: Everyone Needs These Documents,” CAP Series 25-0602, Center for Agricultural Profitability, University of Nebraska-Lincoln, June 25, 2025. DOI: 10.32873/unl.dc.cap069.

Abstract

In my work with agricultural families, I’m seeing a growing and difficult reality: many farms and ranches today don’t have a successor within the family. While this absence can simplify parts of estate planning, it often creates deeper, more emotional challenges, especially when legacy and identity are tied to the land.

This article is the fourth in a series supporting farm and ranch owners facing this transition. If you're just joining, I recommend reading the earlier pieces for a valuable background. You can find them at cap.unl.edu.

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