Litigation rates involving farms are on the rise according to agricultural law experts – and not just because of estate and succession conflicts.
Litigation can ruin a farm business, and, with incidents on the rise, agricultural lawyers say there are ways farmers can better protect themselves from legal action.
If farm enterprises aren't properly structured with written agreements or business decisions are neglected, the human and financial costs can be extremely high.
Discussing prenuptial agreements and other legal formalities might cause some to squirm, but advisers say they’re a good way to help protect the longevity of a farm business.
As uncomfortable as we are talking about death and divorce, avoiding the conversations can have a devastating financial effect on a farm business.
Long-term land leases have both positives and negatives for landlords and renters, experts say, and it's important all parties know the possibilities before reaching an agreement.
Legal agreements are important, but rarely used on the farm. In this episode, we explore why you need them, which ones to consider and why a handshake is not enough.
In this BDO case study, we look at the impact of divorce on a farm transition.