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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. For legal services pertaining to Alberta farms, contact Alberta business lawyer Christopher Neufeld with Neufeld Legal P.C. by phone at 403-400-4092 or email Chris@NeufeldLegal.com. |
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Alberta Business Lawyer Christopher Neufeld is capable of serving Calgary, Cochrane, Chestermere, Canmore, Banff, Balzac, Airdrie, Strathmore, Drumheller, Hanna, Irricana, Beiseker, Standard, Okotoks, Olds, High River, Black Diamond, Jasper, Turner Valley, Longview, Nanton, Vulcan, Crossfield, Carstairs, Didsbury, Cremona and Sundre, together with special projects in Edmonton, Fort McMurray and other parts of Alberta, whether from Canada or from elsewhere in the world. Neufeld Legal P.C.'s mailing address is 1600, 144 - 4th Avenue SW, Calgary, Alberta. The content of this website is purely for informational purposes and should not be relied upon - as you should consult a lawyer with respect to the specifics of your particular matter. Please review our legal disclaimer and privacy policy prior to contacting us and be advised that contacting us does not create a solicitor-client relationship. |
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