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Episode 39: Farming with Family – Getting in and getting out

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Manage episode 424904530 series 1071018
Content provided by Farm Commons. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Farm Commons or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

When farming with family, whether relatives, spouses, or both, there are 3 key legal topics to discuss together that will set the stage for how the farm business evolves as family members enter (through marriage or otherwise) and exit (via career change, divorce, disability, or just because): (1) decision making, (2) role and responsibilities, and (3) ownership vs. employment. In this episode, we cover all this and more (including the role of a little something called a marital property agreement), while walking you through key reflections and action steps for creating paperwork processes that will set the business and your family relationships up for success.

Recommended resources:

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50 episodes

Artwork
iconShare
 
Manage episode 424904530 series 1071018
Content provided by Farm Commons. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Farm Commons or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

When farming with family, whether relatives, spouses, or both, there are 3 key legal topics to discuss together that will set the stage for how the farm business evolves as family members enter (through marriage or otherwise) and exit (via career change, divorce, disability, or just because): (1) decision making, (2) role and responsibilities, and (3) ownership vs. employment. In this episode, we cover all this and more (including the role of a little something called a marital property agreement), while walking you through key reflections and action steps for creating paperwork processes that will set the business and your family relationships up for success.

Recommended resources:

  continue reading

50 episodes

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