Attorney, Jennifer Denchak Wetzel, explains the basics of how title insurance protects land and real estate owners.
The second in a series of articles that addresses topics related to solar leases that are important to landowners.
New Ag Business Development Center provides resources to farmers statewide.
Succession planning rarely implements itself automatically, the first step should be contacting an attorney with succession planning experience.
PA Supreme Court rules that family farms do not have to comply with municipal ordinances that are stricter than state law.
The nature of agricultural land, being undeveloped and of high acreage, makes Pennsylvania’s farmland ideal for commercial solar projects.
The importance of farm transition planning has become increasingly understood and accepted by the agricultural community.
It is not uncommon in the farm community for real estate to be owned jointly by two or more owners. Many times, parents will transfer their real estate to more than one child as part of their estate and farm succession plan. Joint ownership of real estate often presents unique problems for the joint owners.
Some farmers have purchased whole life insurance as an integral part of their estate/farm succession plan. Some of our clients, who have purchased whole life insurance as part of their farm succession plan, however, are discovering, unexpectedly, that their insurance may lapse before their deaths, whether automatically or due to unaffordable premium increases.
Most farmers and land owners have heard of a like-kind exchange, which goes by several other names, including a 1031 exchange or a tax-free exchange. The primary purpose of an exchange is to reduce the federal income taxes resulting from the sale of real estate.