Alberta Farm Business Lawyer

ALBERTA FARM BUSINESS LAWYER

When faced with major commercial transactions undertaken by farm owners and/or those having a financial interest in the farm property and business, it is important that your lawyer not only understand the significance of the transaction, but has the experience to execute the deal and negotiate to optimize the results. At the law firm of Neufeld Legal PC, we aggressively strategize and implement major business deals to our clients’ advantage.

Farm Acquisition / Sale

Major transactions involving the buying or selling of a farming enterprise entails significant legal and tax planning. From the seller's perspective, the goal is to optimize the realizable return from the sale of the farm, achieved in part through the minimizing taxes and securitizing post-closing payments. From the perspective of the buyer, after appropriate due diligence the objective is to be legally secure in your purchase with the ability to profit and grow the farming business (without avoidable constraints and setbacks).

Farm Financing

Financing is extremely critical to major events and transactions for every farm business, and yet is a world apart from the physical labor and rigorous outdoor work associated with farming. And yet it is this technical and abstract world of finances and legalities that is essential to the continuance and advancement of your farming enterprise, where your lawyer needs to vigorously protect your interests and secure the attainment of the funding necessary to operate and advance your farming enterprise.

Farm Succession Planning

Transitioning your farm to future generations or divesting it to non-family members, demands appropriate preparation and planning. For without effective farm succession planning, you will not necessarily be able to capitalize on the tax minimization opportunities or optimize any buyout price that may be payable in furtherance of the farm succession plan. Instead, you and/or your heirs may find yourselves holding onto the farm well after it should have been dispensed with and thereby fail to realize the optimal return that may have been attainable had the farm been divested at a more appropriate time and pursuant to the specifications of a well-conceived and implemented farm succession plan.

Farm Ownership Dispute

Legal disputes pertaining to ownership of farming enterprises can be particularly destructive and as such demand serious legal representation. When you have a vested interest in the family farm, you need to aggressively protect it when others challenge the legality of your interest. Weather your farm interest is held by way of a joint tenancy, as tenants-in-common, in partnership or through a corporate share interest, a definitive legal strategy should be executed to protect and advance your interest in the farm.