The agricultural industry is continually evolving. As technologies emerge and processes continue to become more modernized, legal issues such as intellectual property, technology-related trade, genetic seed patents, national and global commerce, and credit are increasingly prevalent. By nature, agriculture is a heavily-regulated industry that typically requires permits and licenses. Along with ensuring that they have the right license or permit, farmers may also need assistance setting up partnerships, corporations, limited liability companies and other business structures.
As with any other kind of business, agricultural businesses are subject to many rules and regulations that an agricultural lawyer can help farmers understand and navigate. Agricultural lawyers can advise farmers on regulatory compliance and ensure they comply with employment and labor laws. Further, agricultural lawyers can assist with land sales, 1031 exchanges, land use issues that may emerge, including zoning, variances and eminent domain.
From real estate to business law and estate planning, there are many aspects of farming and agricultural law that farmers need to be aware of. Farmers may need the assistance of a skilled agricultural lawyer to help with a 1031 exchange to delay capital gains tax, business formations to limit liability, contract disputes, equipment purchase, zoning and developing an estate plan that limits the cost of estate administration, courts costs and legal fees. Whether you have a small farm or a large national operation, Webster and Garino can assist with all your agricultural law needs. Contact us today to learn more.