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Documents on Agricultural Law, Energy, Agriculture
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|A Guide to Land-Lease Agreements for Farmers and Landowners|
Todd W. Hoppe; Foster, Swift, Collins & Smith, P.C.;
March 20, 2015, previously published on January 27, 2015Farmers have two basic options when it comes to holding land: own it or lease it. Though many farmers prefer to own all of their land, it is rarely possible. Good farmland is often held by families for generations, and is rarely offered for sale. When land is offered for sale, stiff competition...
|Debt Forgiveness Opportunities for Farmers Facing Disabilities|
Laura J. Genovich; Foster, Swift, Collins & Smith, P.C.;
March 19, 2015, previously published on December 11, 2014An unexpected disability, whether from injury or illness, presents unique hardships for farmers, whose livelihoods often depend on their ability to undertake manual labor and their capacity to manage a business. A disability can also bring significant financial hardship, as a farmer can lose all...
|2014 Farm Bill Opportunities for Young and Beginning Farmers|
Allison M. Collins; Foster, Swift, Collins & Smith, P.C.;
March 19, 2015, previously published on December 11, 2014Only six percent of farm operators nationwide are under 35 years old, and as the age of the average American farmer continues to increase, so does the need for a new generation of farmers to replace retirees and carry forward the agricultural industry. The 2014 Farm Bill recognized the need to...
|Executive Women in Agriculture Conference Provided Abundance of Information|
Kim Hafley; Foster Swift Collins Smith P.C.;
March 19, 2015, previously published on January 27, 2015More than 320 women from around the United States attended Top Producer’s 4th Annual Executive Women in Ag Conference, held December 4-5 in Chicago. The agenda was the perfect blend of networking opportunities, trade show and dynamic speakers, providing loads of business, finance and...
|Liability Releases for Agritourism Activities - Myths and Realities|
Julie I. Fershtman; Foster, Swift, Collins & Smith, P.C.;
March 19, 2015, previously published on January 27, 2015Owners and operators of farms that offer certain agritourism activities to the public, such as horseback riding and horse-drawn hay or sleigh rides, sometimes assume that liability waivers or releases are off-limits. Many operators fall prey to common myths surrounding these documents. Let’s...
|U.S. Imposes Sweeping Sanctions on Crimea|
Kara M. Bombach, Sandra K. Jorgensen, Julia Sorrentino; Greenberg Traurig, LLP;
February 16, 2015, previously published on December 22, 2014On Dec. 19, 2014, President Obama signed an Executive Order prohibiting most transactions by U.S. persons with respect to the Crimea Region of Ukraine (Crimea) and blocking the property of certain individuals and entities (together, Crimea Sanctions). Additionally, the Office of Foreign Assets...
|Realizing the Potential to Become the Breadbasket of the World|
Vicky B. McPherson; Greenberg Traurig, LLP;
January 16, 2015, previously published on November 20, 2014The commentary is well-known about the potential for Africa to become the breadbasket for the world amid the wide-spread need for food security. However, despite this widely regarded potential, not very many countries in Africa have addressed the equally well-known challenges to making this more...
|Horses, Hops, and the Hobby Loss Rules|
Timothy M. White; Smith Haughey Rice & Roegge, P.C.;
December 12, 2014, previously published on November 12, 2014If you take a drive through northern Michigan you are likely to come across at least a few horse farms. Increasingly, you may also spy large trellises draped with hops, and it seems as though anyone with more than an acre lot is planting a few grape vines these days. Sometimes, these horse and...
|Mending Your Fence: Business Procedures to Protect the Farm and Your Family|
William H. Franks, Jeffrey R. Wonacott; Smith Haughey Rice & Roegge, P.C.;
December 12, 2014, previously published on November 12, 2014There are a variety of reasons that you may choose or have chosen to operate your farming business through a legal entity (generally a corporation or limited liability company (LLC)). One of the most important benefits from operating your business through a legal entity is the limited liability...
|Use a Trust and an LLC to Plan Ahead for the Family Farm|
Christine H. DeMarea; Husch Blackwell LLP;
December 8, 2014, previously published on November 11, 2014Many farm clients falsely believe that because they have a trust they do not need to establish a limited liability company (“LLC”). This is simply not true. The purpose for using an LLC is very different than using a trust. In practice, a family farm should have both.