I was excited to record this episode with Beth Rumley while I was in New York City a few weeks ago getting an update on where we are with animal confinement laws on this episode of Ag Law Today. It was an update from Episode 46 found here. I am an adjunct at Vermont Law School online and several of …
7 Issues to Address in Your Grazing Lease Agreement
What is a Grazing Lease? A grazing lease is an agreement between a landowner (the “lessor”) and a livestock owner (the “lessee”) where the landowner agrees to let the livestock owner graze livestock on his or her land in exchange for cash rent. Given the number of potential factors at play, a grazing lease agreement can quickly turn into a …
Why Your Family Farm Needs a Lawyer
There are a number of legal issues facing farmers on a daily basis. An attorney experienced in all areas of farm law can help guide farmers away from the potential pitfalls running a farm entails. Some of the ways a farm lawyer can help you set up your farm for success include: Estate and Succession Planning Setting up business structures …
Escape From a Bad Trust: 5 Strong Reasons to Decant Your Trust
When a bottle of wine is decanted, it’s poured from one container into another. When a trust is decanted, trust assets are poured from an old trust into a new trust with more favorable terms. Why Should a Trust Be Decanted? Trusts are decanted to escape from a bad trust and provide beneficiaries with more favorable trust provisions and benefits. …
Episode 55 of Ag Law Today: Personal Injury Considerations for Farmers and Ranchers
I am so appreciative of the opportunity to speak to quality professionals like Zach Anderson and Josh Rohrschieb with BRE Law. Hear us discuss personal injury considerations for farmers and ranchers on this episode of Ag Law Today. Please don’t forget to subscribe on YouTube so you don’t miss a beat. You can also follow Rincker Law on YouTube here. …
What Is the Difference between a Trust and an LLC?
Trusts and limited liability companies (LLCs) are both legal vehicles that can be used to manage and protect assets, minimize taxation, and avoid probate. Whether a trust or an LLC is a better choice may depend on the type of asset, but you do not necessarily have to choose between the two. In fact, an LLC can be placed in …
Do It Now: Name a Guardian for Your Minor Child(ren)
We know it’s hard. Thinking about someone else raising your children can stop you in your tracks. It feels crushing and too horrific to consider. But you must. If you don’t, a stranger will determine who raises your children if something happens to you – your children’s guardian could be a relative you despise or even a stranger you’ve never …
Not Just Death and Taxes: 5 Essential Legal Documents You Need for Incapacity Planning
Comprehensive estate planning is more than your legacy after death, avoiding probate, and saving on taxes. Good estate planning includes a plan in place to manage your affairs if you become incapacitated during your life and can no longer make decisions for yourself. What happens without an incapacity plan? Without a comprehensive incapacity plan in place, your family will have …
Ask Ruth: Direct Beef Sales in Illinois
There are two major considerations when selling beef in Illinois direct to the consumer. The first thing farmers should consider is how they want to sell their beef. Do you want to sell a percentage of the live animal, a percentage of processed beef, or an individual cut of beef? Depending on how you wish to sell your beef will …
How to Create an Effective Hunting Lease – Part Two
Have a look back at Part One of this Hunting Lease series for tips and tricks on the basics of hunting lease agreements. What Happens if There is a Dispute Over a Hunting Lease? While one goal of hunting lease agreements it to preempt any disputes or disagreements between the lessor and the lessee, another goal is to roadmap what …
How to Create an Effective Hunting Lease – Part One
What is a Hunting Lease? And Do I Need A Written Hunting Lease Agreement? In its simplest form, a hunting lease is an agreement between a landowner (the “lessor”) and a hunter (the “lessee”) whereby the landowner agrees to let the hunter use his or her land for hunting purposes in exchange for cash rent. While it may feel like …