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Bringing others into the farm and navigating landownership risks
Your land is your life, but have you accounted for the risks?
In this episode of Straight Talk with NDFB, NDFB CEO Jeff Missling and attorneys from Ohnstad Twichell Law Firm continue the Harvesting Legal Knowledge series.
The discussion focuses on the real risks tied to land ownership in agriculture and why it’s critical for farmers and ranchers to understand how those risks can impact their farms and ranches, not to mention their long-term goals. The conversation also shifts to one of the most important — but often difficult — topics in farm succession: bringing the next generation into the operation.
From ownership structures and contracts to planning for transitions and protecting the land, this episode highlights why having a clear succession plan matters and how it can help families prepare for the future.
Links:
Harvesting Legal Knowledge
Contact us at [email protected]
Disclaimer: The statements made and information provided in this podcast are for educational and informational purposes only. The statements do not constitute legal advice, nor are they intended to create an attorney-client relationship. Every situation is unique, so you should not rely on any statements in this video as a substitute for personalized legal counsel. Before taking action or making any decisions which may affect your legal rights and obligations, you should consult with an attorney licensed in your jurisdiction.
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By North Dakota Farm Bureau
5
77 ratings
Your land is your life, but have you accounted for the risks?
In this episode of Straight Talk with NDFB, NDFB CEO Jeff Missling and attorneys from Ohnstad Twichell Law Firm continue the Harvesting Legal Knowledge series.
The discussion focuses on the real risks tied to land ownership in agriculture and why it’s critical for farmers and ranchers to understand how those risks can impact their farms and ranches, not to mention their long-term goals. The conversation also shifts to one of the most important — but often difficult — topics in farm succession: bringing the next generation into the operation.
From ownership structures and contracts to planning for transitions and protecting the land, this episode highlights why having a clear succession plan matters and how it can help families prepare for the future.
Links:
Harvesting Legal Knowledge
Contact us at [email protected]
Disclaimer: The statements made and information provided in this podcast are for educational and informational purposes only. The statements do not constitute legal advice, nor are they intended to create an attorney-client relationship. Every situation is unique, so you should not rely on any statements in this video as a substitute for personalized legal counsel. Before taking action or making any decisions which may affect your legal rights and obligations, you should consult with an attorney licensed in your jurisdiction.