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Getting your farm entity right: A practical checklist
Setting up your farm entity can feel overwhelming. How do you navigate it all and make sure nothing falls through the cracks?
In this episode of Straight Talk with NDFB, the Harvesting Legal Knowledge series continues with NDFB Executive Vice President and CEO Jeffrey Missling and attorneys from Ohnstad Twichell Law Firm.
The conversation focuses on what it takes to properly set up and structure a farm or ranch entity — and why getting it right from the beginning matters. From tax liability and paperwork to meeting minutes and written agreements, the discussion highlights the key details that are often overlooked but essential to protecting the operation.
Ohnstad Twichell attorneys Casey Drege and Marshall McCullough walk through a practical checklist and planning considerations for farmers and ranchers forming or updating their business structures, emphasizing the importance of clear documentation and intentional planning.
Links
Harvesting Legal Knowledge
Contact us at [email protected]
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 podcast 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
Setting up your farm entity can feel overwhelming. How do you navigate it all and make sure nothing falls through the cracks?
In this episode of Straight Talk with NDFB, the Harvesting Legal Knowledge series continues with NDFB Executive Vice President and CEO Jeffrey Missling and attorneys from Ohnstad Twichell Law Firm.
The conversation focuses on what it takes to properly set up and structure a farm or ranch entity — and why getting it right from the beginning matters. From tax liability and paperwork to meeting minutes and written agreements, the discussion highlights the key details that are often overlooked but essential to protecting the operation.
Ohnstad Twichell attorneys Casey Drege and Marshall McCullough walk through a practical checklist and planning considerations for farmers and ranchers forming or updating their business structures, emphasizing the importance of clear documentation and intentional planning.
Links
Harvesting Legal Knowledge
Contact us at [email protected]
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 podcast 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.