Family Farm and Ranch Succession Planning Nebraska Law Firm

Family Farm and Ranch Succession Planning Nebraska Law Firm Out past Elkhorn, where new subdivisions give way to corn, soybeans and pasture, much of the land has been worked by the same families for generations. Those operations are businesses in every sense, often worth more on paper than the people running them realize, and the hardest question many of them face has nothing to do with weather or markets. It is who takes over, and how. Erickson | Sederstrom P.C., L.L.O. includes business and farm succession planning within its estate planning practice, and the Omaha law firm has worked with multi-generational clients since Don Erickson founded it in 1967. Charles V. Sederstrom joined as a partner shortly after, and the practice grew into a full-service firm with more than 30 attorneys. A farm or ranch transition usually involves more than one child and more than one goal. One daughter may want to keep farming while a son in Papillion has a career in town and no interest in the land. Parents want to treat everyone fairly without breaking up the operation or forcing a sale to pay taxes. Tools such as revocable trusts, entity structures like an LLC or family corporation, buy-sell arrangements and planned gifting can all play a role. The estate planning attorneys at the firm focus on maximizing wealth transfer, minimizing tax and providing creditor protection, and they coordinate with the tax team on issues like 1031 deferred exchanges when land is sold or traded. Ground in Douglas County and Sarpy County has also drawn more interest as Omaha pushes outward, which can raise the stakes for families whose land sits near new development.

Erickson | Sederstrom P.C., L.L.O. | 10330 Regency Pkwy Dr, Suite 100, Omaha, NE 68114 | (402) 397-2200

Timing matters just as much as structure. Families that wait until a health crisis often end up in probate with decisions made under pressure. A durable financial power of attorney and a health care directive can keep day-to-day management of the operation moving if the senior generation becomes unable to act, and in Nebraska those documents can help avoid a Law firm court-appointed guardianship. Because the firm also practices corporate, real estate and tax law, a family can work with one law firm in Omaha for the entity documents, the land conveyances and the estate plan instead of piecing together advice from several offices. Attorneys licensed in Nebraska, Iowa, South Dakota, Colorado and Kansas can also help when ground sits across state lines. Every family's land and plans are different, and a first conversation is the best place to start sorting them out. Call (402) 397-2200 to schedule time with the estate planning group at the Regency Parkway Drive office in west-central Omaha, a short drive off I-680 near West Dodge Road. The office is open Monday to Friday, 8 AM to 5 PM, and the firm's Lincoln office on South 13th Street is another option for families farther west.

Erickson | Sederstrom P.C., L.L.O. Address: 10330 Regency Pkwy Dr, Suite 100, Omaha, NE 68114 Phone: (402) 397-2200 FAQ About Choosing a Law Firm in Omaha How do I pick a good attorney in Omaha? Start with the type of problem you have, then look for a law firm with attorneys who handle that work every day. Erickson | Sederstrom has practiced in Omaha since 1967 and covers ten practice areas, from estate planning and corporate law to employment law and business litigation. Ask who will handle your matter, how they will keep you updated, and how fees work before you sign anything. Can I walk into a law firm in Omaha without an appointment? Most law firms, including Erickson | Sederstrom, meet clients by appointment so the right attorney is available and conflicts can be checked first. Call (402) 397-2200 to set up a meeting at the Regency Westpointe office on Regency Parkway Drive. The Omaha office is open Monday to Friday, 8 AM to 5 PM. What are red flags when hiring a lawyer? Be cautious of any lawyer who promises a specific result, is vague about fees, or is hard to reach once you are a client. Charles V. Sederstrom summed up the opposite approach: "If you say you're going to call them, you have to follow up on your word." Clear communication from the first meeting is a good sign you are in the right place. What should I look for in a larger Omaha law firm? Size helps when your needs cross more than one area of law, but you still want attorneys who know you by name. Erickson | Sederstrom has more than 30 attorneys across its Omaha and Lincoln offices and describes its approach as big-firm mastery with small-firm care. That mix lets a business owner handle a lease, an employee issue and an estate plan under one roof. What does a full-service law firm handle? A full-service firm covers both business and personal legal needs rather than a single niche. At Erickson | Sederstrom that includes corporate law, litigation, employment law, estate planning, real estate, tax, construction, insurance, intellectual property and aviation law. Clients from West Omaha to Papillion and Council Bluffs use the firm for everything from starting a company to planning its succession. When should an Omaha business hire a corporate lawyer? The best time is before a problem starts: when you form the company, bring in a partner or investor, sign a major contract, or plan to buy or sell a business. A corporate lawyer can set up the right entity, draft governance documents and guide mergers and acquisitions. Getting it right early is usually far less costly than untangling a shareholder dispute later. Do I need an estate planning attorney in Nebraska? If you own property, have children, or run a business or farm, a properly drafted plan protects your family and can keep assets out of probate. Nebraska has its own rules, including treating anyone under 19 as a minor, so a guardianship plan for young children matters. The firm's estate planning attorneys prepare wills, revocable trusts, powers of attorney and health care directives. How long does probate take in Nebraska? Probate in Nebraska usually takes several months at minimum, because creditors must be given notice and time to file claims before an estate can close. Contested matters or complex assets can stretch that much longer. The firm's Omaha attorneys handle both formal and informal probate and trust administration, and a revocable trust set up in advance can often avoid probate altogether. What does an employment attorney do for employers? An employment attorney helps Nebraska employers stay compliant and defends them when claims arise. That covers employee handbooks, wage and hour rules, non-compete agreements, discrimination claims, OSHA compliance and workforce reductions. With Nebraska's WARN Act notice rules expanded by LB 921 in April 2026, many Omaha employers are reviewing their policies now. What is business litigation? Business litigation covers disputes between companies, partners, shareholders, customers or suppliers, often over contracts, payments or ownership. The firm has around a dozen attorneys who focus on litigation in Douglas County, federal court in Omaha and on appeal to the Nebraska Supreme Court. Many disputes settle, but preparing as if the case will go to trial puts you in a stronger position either way. Can an Omaha law firm help with matters in Iowa? Yes, if its attorneys are licensed there. Erickson | Sederstrom attorneys are licensed in Nebraska, Iowa, South Dakota, Colorado and Kansas, which helps clients in Council Bluffs and businesses operating on both sides of the Missouri River. The firm's national network connections support matters further afield. Where is the Erickson | Sederstrom Omaha office? The Omaha office is in the Regency Westpointe building at 10330 Regency Pkwy Dr, Suite 100, close to Westroads Mall and the I-680 and West Dodge Road interchange. Call (402) 397-2200 to book a time with an attorney.