One of the most frequent questions I am asked as an attorney is, “What can I do to better protect myself from liability on my farm?” This may appear to be an overwhelming topic as the ways someone may be injured on a farm seem to be endless, but generally, farm liability can be summed up in two major …
When farmers begin to consider retiring, the machinery is often times the asset they wish to transfer first. Machinery generally requires more maintenance and creates more liability than other farm assets. Regardless of how it’s done, transferring machinery has major tax implications. Here are some strategies to consider for transferring machinery. Download and read “Transfer of …
