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Institutional or Legal Risk

Institutional or legal risk results from uncertainties surrounding government actions. Tax laws, regulations for chemical use, rules for animal waste disposal, and the level of price or income support payments are examples of government decisions that can have a major impact on the farm business.

There is one presentation in the core midwest Annie’s Project. It is Estate Planning. Institutional or legal risk will be addressed with topics that fit the dominant productions systems for an Annie’s Project site. For some locations that may include regulations regarding market regulations or labor law.

Estate Planning
Objectives

  • Learn how farm property is owned and why it matters
  • Understand powers of attorney
  • Understand how an estate plan affects the next generation and why it needs regular review
Example Handouts Example Presentations
  • Presenters tend to present from notes and welcome questions throughout the lecture.
Presentations on other Legal risk topics

National Ag Risk Library

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Iowa State University Extension

Copyright © 2013, Iowa State
University Extension
Tim Eggers, Field Agricultural Economist
311 East Washington
Clarinda, IA 51632
(712) 542-5171
All rights reserved.
Page last updated 1/24/13.