Harvesting Legal Knowledge

Harvesting Legal Knowledge is a collaborative video series between NDFB and Ohnstad Twichell Law firm. The goal of the series is to address key topics that affect farmers, ranchers, and ag businesses every day.

Topics for the series include:

Entity Basics for Farming Operations (Sole Proprietorship, Partnership, LLC, Corporations)
Corporate Farming Limitations (Shareholder limit, family/individual, income)
Entity Documents and Processes (Formation, Operation, Termination)
Taxation (Flow-through, taxable events, appreciated assets)

Covering Estate Planning. Ohnstad Twichell estate planning and probate experts Tiffany Findlay and Jenna McPherson talk with NDFB Executive Vice President and CEO Jeffrey Missling about life estate deeds, transfer on death deeds, gift tax exclusions, and more.

What is the appropriate structure for your farm or ranch business, and what are your options?

Casey Drege and Marshall McCullough of Ohnstad Twichell join NDFB Executive VP and CEO Jeffrey Missling to discuss business structure options, what might work for you, how to protect your farm or ranch for the future and much more.

What happens when you own property? What does every person who owns real estate need to know?

David Piper and Tiffany Findlay of Ohnstad Twichell join NDFB Executive VP and CEO Jeffrey Missling to discuss the rights and responsibilities of property owners in this two-part topic.

Part 1

Part 2

Top things not to do when making a plan to pass the farm to the next generation.

Intro to Harvesting Legal Knowledge

Disclaimer: The statements made and information provided in these videos 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.