Ryan Haaland a great attorney comes in studio today to help us lay out the benefits and detriments of each type of entity. We will talk about LLC's and partnerships for quite a bit. We then also dig in to S-Corporations and C-Corporations. Why would we ever have one of those?! So much to discover in this episode, so listen in!
Working Draft - Ag LLC Outline
Airing 1/16/23
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Guests:
Ryan Haaland is an attorney who assists clients with real estate projects, business formation and transactions, and estate planning. He works with clients of various sizes, from large national companies to smaller local entities in all aspects of business. He assists ag clients, from family farm startups to larger ag entities, both as it pertains to real estate acquisitions and sales and assisting in corporate structuring and governance
Intro: Some believe that you need to be a big operator or land owner to justify forming an entity for their operation. Some believe that having the operation owned by a company makes them less attractive because of the corporate “look”. The truth is that structuring your farm operation using one or more business entities is an efficient tool (bang for buck) to protect farmers and their business, and that doesn’t require substantial change in manner of operation.
Anything else you’d like to share?
What is your top tier of clients doing differently?
Pay Off Question: How do you define success?
Summary
Challenge