With renewable energy coming into greater focus for power companies, local, state, and federal governments, many farmers and other landowners are being presented with potential solar or wind leases. These leases can provide a nice opportunity to dive…
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For farmers in Southeastern Minnesota, the family farm is more than just the land and business – it is a way of life. Attorneys Jennifer Gumbel and Jason Wagner discuss our approach to farm succession planning in this video. Planning for the ne…
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Real estate encompasses not only one’s primary residence but also other real estate such as a vacation home or a rental property. The ideal form of ownership varies depending on the type of real estate you own. Below, we take a look at the differen…
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People can end up owning land or other real estate together in a number of different ways. It may be because they purchased the property together, it was gifted to them together, or they inherited the property together. While sometimes this starts ou…
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With the warming weather melting away this year’s snowfall, Spring feels like it is right around the corner. Farmers are not the only ones with the spring-time itch as they impatiently wait to get into the fields, as turkey hunters have had Apr…
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As is always the same each year, everyone makes resolutions on what they would like to do differently than in the past over the next year. Generally, saving money, eating healthier, and losing weight are atop of these lists, which are difficult and o…
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The primary goal of most individuals seeking advice regarding long-term care is to preserve assets for their children and to avoid having to sell everything to pay for the nursing home. This can be a challenging goal to achieve when much of a family…
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The IRS recently announced that retirement savers will be able to save even more in 2019. This is great news for anyone that saves through individual retirement accounts like 401(k) plans, IRAs, and ROTH IRAs! The higher contribution limits also give…
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The summer months can be a great opportunity that allows farmers to take care some “legal housekeeping” items. One of these “housekeeping” items that farmers can take care of is updating their estate plan. Updating an estate plan, whether it…
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Among the unique set of problems farmers encounter, estate and succession planning is often the most challenging. Determining when and how to transfer the farm is a long and not always straightforward process. This can include identifying the farm su…
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