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 emmery@ndfb.org

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.

Straight Talk with NDFB, the Harvesting Legal Knowledge series with NDFB Executive Vice President and CEO Jeffrey Missling and attorneys from Ohnstad Twichell Law Firm addresses real-life situations you face on your farm or ranch.

Today's conversation features Casey Drege and Marshall McCullough of Ohnstad Twichell, and focuses on how to set your farm up for long-term success through a proper business structure. From choosing the right entity to understanding how structure affects land values, risk, and future planning, the discussion breaks down what farmers and ranchers should consider when organizing their operations.

The episode also explores how intentional planning today can support both day-to-day management and long-term goals such as growth and succession.

Links

Harvesting Legal Knowledge

Contact us at emmery@ndfb.org

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.

Your land is your life, but have you accounted for the risks?

In this episode of Straight Talk with NDFB, NDFB CEO Jeff Missling and attorneys from Ohnstad Twichell Law Firm continue the Harvesting Legal Knowledge series.

The discussion focuses on the real risks tied to land ownership in agriculture and why it’s critical for farmers and ranchers to understand how those risks can impact their farms and ranches, not to mention their long-term goals. The conversation also shifts to one of the most important — but often difficult — topics in farm succession: bringing the next generation into the operation.

From ownership structures and contracts to planning for transitions and protecting the land, this episode highlights why having a clear succession plan matters and how it can help families prepare for the future.

Links:

Harvesting Legal Knowledge

Contact us at emmery@ndfb.org

Disclaimer: 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 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.