The National Agriculture Law Center has reported that approximately 90% of agricultural operations do not survive the transition to the next generation. I have to say- that statistic is a bit alarming. The primary reason for this is poor succession planning. Estate planning is just one part of workable succession plan. Estate planning focuses on asset distribution while succession planning …
YPC Spotlight: Interview with YPC Chair Dustin Dean
As you know, I am very involved with the National Cattlemen’s Beef Association‘s (“NCBA”) Young Producers’ Council (“YPC”). I was able to get our Chair, Dustin Dean, to answer a few questions for me about YPC. Dustin is from Texas and I have known him since my days at Texas A & M University (when he was attending that other Texas ag …
The Not-So-Simple Definition of “Agriculture Law”
As I mentioned in my previous blog, I recently joined JD Supra where my documents can be found here. Today, JD Supra featured my profile on its facebook page. I was asked what exactly agriculture law was from an editor in Florida where I did my best to answer her in limited space. Since I oftentimes receive this question (lately …