Oregon Agricultural Trust

Did you know that you can give to OAT through a will or trust? By supporting the protection of agricultural land in perpetuity, your give will live on forever. Please contact Jenn Clemo at jenn@oregonagtrust.org if you are interested in including OAT in your estate planning, will, or as a beneficiary. Find bequest language and guidelines in the Planned Giving section here: https://lnkd.in/dxZ5h5jC #makeawillmonth #foragforever

Join Andrea Krahmer, our Director of Ag Business Support, at this Small Farm School session on farm business plans! The session will guide you through a sample outline and the steps of creating a farm business plan. Learn what funders and lenders look for, and how internal plans can help with decision-making and achieving your farm's goals. You'll leave this session with a clear understanding of when and how a business plan can benefit your farm.

Did you know we offer business advising tailored to your unique situation? Our 1:1 Ag Business Support Program is designed to provide guidance to producers at all stages of succession planning, business management, and financial analysis. You can learn more and schedule an initial phone call here: https://lnkd.in/gpHRVCfh #makeawillmonth #foragforever

Need help with understanding how the right business structure helps with farm succession? Farm Commons has you covered! Farm Commons offers legal tools that can help you meet goals such as retirement planning, farm succession, and developing a will and trust. Check out their resource library here: https://lnkd.in/gVazshzA #makeawillmonth #foragforever

When you are taking steps toward estate planning, your attorney is a great place to start. But who else will you need on your team? Check out "Four Experts You Need On Your Succession Planning Team" for how to build a solid team for this important work. #makeawillmonth #foragforever https://lnkd.in/gG6sdRvk

Are you an attorney with an interest in Agricultural Law? The Agricultural Law Section Annual Round Up CLE is coming up! Friday, August 16, 2024 9:30 AM 3:00 PM Columbia Gorge Discovery Center The Agricultural Law Section of the Oregon State Bar will hold its annual Agricultural Round Up CLE. This event will be in person at the Columbia Gorge Discovery Center & Museum in The Dalles. Coffee and a box lunch will be provided, and are included in the cost of the program. Credits: 3 general CLE credits + 1 Ethics credit (pending). Register here: https://lnkd.in/gA8xNKsn

August is Make a Will month! A will is an important document covering your wishes for your family and property after you die. It is one part of an estate plan that may include many other documents protecting your family, property, and business. This month we'll be sharing some estate planning resources and ideas. To start with, check out our Estate and Succession Planning Quick Start Guide for a list of items to include in your planning. https://lnkd.in/gDGmJyne #makeawillmonth #foragforever

Looking to fill out your summer reading list? Hoping to learn more about succession planning? Interested in farmer and rancher perspectives and experiences? Look no further: our blog has you covered. https://lnkd.in/gh4bRVfD NEWEST Push Pause Prior to Signing "Free" Legal Documents https://bit.ly/4dcLHkQ From the Barn to the Kitchen Table...https://bit.ly/4d6IVxX "Farmers and Ranchers Play a Crucial Role in Feeding the World..." https://bit.ly/4bTFvgk POPULAR "To Persist is 'Oak' as a Verb" https://bit.ly/4f6nuOG The Power of 6 Constituents: Advocating for Ag Land https://bit.ly/4cRBCdh The Wall of Ancestors: How a 6th Gen Rancher Builds on Legacy, Part 1 https://bit.ly/3SeTVAU "Parkdale Gold" and the Treasure of Oregon Farmland" https://bit.ly/3Wdf0g1 From "Easement Curious" to "Easement Serious"... https://bit.ly/3Wyc3rS Is there an idea, policy, person, or other topic you'd like to read about in our blog? Contact sal@oregonagtrust.org to share your suggestions!

Farm transition myths can get in the way of setting and managing clear expectations among heirs, leading to potential conflicts. Open communication in the present is a great way to navigate the complexities of transition while maintaining relationships. "While some families sail through this process with few disagreements, others find themselves fighting with siblings and parents, sometimes leading to permanently damaged relationships. By explaining things up front, the goal is for heirs to come to understand and accept their parents’ decisions and avoid conflict with each other down the road."

In Oregon Agriculture by the Numbers, part 4, OSU Assistant Professors Dan Bigelow and Nathan Stacey focus attention on producer characteristics, touching on some interesting findings and small shifts for both the U.S. and Oregon. The average age of Oregon's farmers and ranchers is still rising overall, which indicates that farm transfer will continue to be a pressing issue here. -Oregon's average producer age went up slightly from 57.9 to 58.6 years. -About half of the farmers and ranchers in Oregon are between ages 55-74 -Farmers with 6-10 years of experience increased by about 5% -Farmers with 5 or fewer years of experience decreased by 1.6% - 7% of Oregon farmers and ranchers are 34 or younger.