You Are Here: Home » Seminars » Iowa » Farm Business Law

Audio CD + Course Book

Farm Business Law

Audio CD + Course Book

Copyright Date:

December, 2017

Product ID#:

77466CDRA

Audio + Course Book

Credit Information

Continuing education credit
is not available on this program.


  • For additional questions regarding
  • continuing education credits,
  • please contact us at 866-240-1890
  • or credit@nbi-sems.com
From Event: Farm Business Law, held December 2017.

Program Description

Farming is hard, time consuming work, and the last thing a farmer needs is to be tied up in legal issues. Help your clients run vibrant businesses by ensuring that they are operating within the legal bounds of the law. From drafting farm land leases to negotiating agricultural contracts, give your clients more time in their fields and less time in their offices. Order today!

Course Content

  1. Regulatory Update
  2. Financing, Buying and Selling Farm Land and Businesses
  3. Farm Leases
  4. Negotiating and Drafting Agriculture Contracts
  5. Tax Planning for Farmers
  6. Ethics

Continuing Education Credit

Continuing education credit is not available at this time.
For additional questions regarding continuing education credits please contact us at 866-240-1890 or credit@nbi-sems.com.

Agenda / Content Covered

  1. Regulatory Update
    9:00 - 10:00, Written by Matthew C. Berger. Presented by Matthew C. Berger and Matt M. Dummermuth.
    1. Farm Bill
    2. Federal Regulations
    3. State Regulations
  2. Financing, Buying and Selling Farm Land and Businesses
    10:00 - 11:00, Kaitlin M. Pals
    1. Agricultural Financing and Credit
    2. Traditional Mortgage
    3. FSA Farm Loan Programs
    4. Contract for Deed
    5. Partnerships
    6. Farm Partition
    7. Family Agreements
    8. Buying or Selling an Agriculture Business
      1. Drafting the Legal Description
      2. What to Expect at Auction
      3. Negotiating on Behalf of Your Client
      4. Recording the Deed
      5. Title Search and Curing Defects
      6. Restrictions, Easements or Leases
  3. Farm Leases
    11:15 - 12:15, Matt M. Dummermuth
    1. Unique Provisions in Farmland (or Crop) Leases
      1. Land Owner and Farmer Rights
      2. Possession and Control of Property
      3. Subleasing Farmland
      4. Rights and Obligations of Heirs
      5. Payment Provisions and Landlord Liens
      6. Natural Disasters
      7. Lease Termination - Timing, Steps, and Reentry
      8. Liability and Indemnification
    2. Unique Provisions in Other Types of Farm Leases
      1. Livestock
      2. Machinery and Equipment
      3. Hunting
  4. Negotiating and Drafting Agriculture Contracts
    1:15 - 2:15, Matthew C. Berger
    1. Production Contracts
      1. Crops
      2. Livestock, Poultry and Swine
    2. Custom Feeding Agreement
    3. Farm Machinery and Equipment
    4. Grain Storage
    5. Manure Application Agreements
  5. Tax Planning for Farmers
    2:15 - 3:15, David R. Chanez
    1. Business Entity Selection - Legal and Tax Considerations
    2. Income Tax Planning
      1. Self-Employment Tax Issues
      2. Reporting Farm Income
      3. Reporting Tax on Installment Payments Received
      4. Taking Advantage of Farm Deductions
    3. Depreciation
      1. Farm Equipment
      2. Depreciating Soil Fertility
      3. Depreciating Fences and Buildings
    4. Agricultural Tax Issues
      1. Farm Share Arrangements
      2. Domestic Production Activities Deduction
      3. Losses From Operating a Farm
  6. Ethics
    3:30 - 4:30, Matthew C. Berger
    1. Acquiring New Clients
    2. Defining and Communicating the Scope of Representation
    3. Entering Into the Attorney-Client Relationship
    4. Avoiding Problems During Client Representation

MATTHEW C. BERGER is a partner with Gislason & Hunter LLP, who focuses his practice on representing farmers and other agricultural businesses, banks, and other businesses in all manner of transactions and disputes. He regularly represents clients in proceedings, including administrative and regulatory proceedings, civil litigation, and appellate at the township, county, state and federal levels. Mr. Berger also focuses his practice on agricultural law and agribusiness financing, the formation of business entities, and workouts and bankruptcy. In his corporate and finance law experience, Mr. Berger has a successful track record in the formation of business entities and finance restructuring. He has represented buyers, sellers, and lenders in a variety of transactions, including contract preparation, financing issues, restructuring, and regulatory matters. Mr. Berger represents agricultural businesses in ongoing credit, marketing, production, distribution, environmental food safety, and regulatory concerns/issues. He also represents banks in ongoing credit, loan documentation, and collection matters. Mr. Berger is admitted to practice in Minnesota, Iowa, the U.S. District Court for the Southern and Northern districts of Iowa, the U.S. District Court for the District of Minnesota, the U.S. District Court for the Western District of Wisconsin, and the U.S. Court of Appeals for the Eighth Circuit. He is a member of the Minnesota State Bar Association and the American Bar Association and currently serves as the chair of the District Ethics Committee for the Ninth District of the Minnesota State Bar Association. Mr. Berger earned his B.A. degree from the University of Minnesota College of Liberal Arts and his J.D. degree, magna cum laude, from the University of St. Thomas School of Law.

DAVID R. CHANEZ is an attorney with the law firm of Nepple Law, PLC, where his practice areas include tax, trusts and estate planning, and small businesses. He is a member of the Iowa State Bar Association and the Illinois State Bar Association, the American Bar Association, the Quad City Chapter Financial Service Professionals, and the Quad City Planned Giving Council. Mr. Chanez earned his B.A. and J.D. degrees from the University of Iowa.

MATT M. DUMMERMUTH is a partner with Whitaker Hagenow & Gustoff LLP, where he leads the firm's Eastern Iowa office in Cedar Rapids. Mr. Dummermuth has a full-service agricultural law practice, handling farm-related civil and criminal litigation, regulatory compliance issues, contracts and property matters, and estate and business succession planning. He earned his B.S. degree, with distinction, in agricultural engineering from Iowa State University; and his J.D. degree from Harvard Law School, where he was editor-in-chief of the Harvard Journal of Law & Public Policy. Following law school, Mr. Dummermuth clerked for the Hon. David R. Hansen, U.S. Court of Appeals for the Eighth Circuit. He worked for seven years in the U.S. Department of Justice, culminating his service as the U.S. attorney for the Northern District of Iowa, where he oversaw ag-related criminal and civil cases involving USDA farm program and loan fraud, immigration offenses, environmental damage, wetland disputes, and Packers and Stockyards Act violations. The Drake Journal of Agricultural Law published Mr. Dummermuth's article analyzing pork production regulations in Iowa and other states.

KAITLIN M. PALS is an attorney with the law firm of Gislason & Hunter LLP in Mankato. Ms. Pals practices primarily in the areas of estate planning and probate, corporate and business law, banking law, adoption, assisted reproductive technology, and guardianships. She is a regular contributor to Gislason and Hunter LLP's agricultural law newsletter; the banking newsletter; and the family and estate law sections of the firm's law blog. She also frequently presents on estate planning and farm succession issues for both lawyer and non-lawyer audiences. Ms. Pals earned her B.A. degree from the University of Iowa and her J.D. degree from the University of Iowa College of Law. She is a member of the Minnesota State Bar Association, the Iowa State Bar Association and the Minnesota Women Lawyers.

Please refer to Continuing Education Credit FAQ for general information about seeking credit for your participation in one of our continuing education programs.

Additionally, our team of credit specialists are here to answer your specific credit-related questions weekdays 7am - 5pm Central:

Phone: 866-240-1890

Email: credit@nbi-sems.com

Additional Format Options

Questions


How To Order

Web: Order Now
Call: 800.930.6182
Fax: 715.835.1405
Mail: NBI
P.O. Box 3067
Eau Claire, WI 54702