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Contact UsAccording to the National Agricultural Statistics Service’s Census of Agriculture, family farms make up almost 95% of the farms in the United States. This high percentage makes sense when you look at the USDA’s definition of a family farm. A family farm is “any farm organized as a sole proprietorship, partnership, or family corporation”. For some of these corporations, large or extended family units must work together to make their operation run smoothly.
Unfortunately, sometimes these family farming corporations do not work out as intended. Attorneys Joe Day and John Sexton are happy to announce that they have successfully settled a family farming dispute. These attorneys represented a shareholder in his derivative capacity in an action involving such a corporation as described above.
The attorneys at Day Rettig Martin, P.C. know the importance of family farms in Iowa. They continue to work to help them in whatever ways they can. Please contact one of our attorneys if you need guidance in setting up a legal entity family farm to assist with its management and passing it on to your heirs in a tax-efficient manner. If you need to enforce your rights in a family farm corporation or other legal entity the attorneys at Day Rettig Martin can help you.