Wills, Trusts & Estates Prof Blog

Editor: Gerry W. Beyer
Texas Tech Univ. School of Law

A Member of the Law Professor Blogs Network

Friday, September 20, 2013

Article on Farmland Succession

Jamie_baxter

Jamie Baxter (Dalhousie University - Schulich School of Law, Yale University - Law School) recently published an article entitled, Legal Institutions of Farmland Succession: Implications for Sustainable Food Systems, Wills, Trusts, & Estates Law eJournal, Vol. 9, No. 25 (Sept. 18, 2013).  Provided below is the abstract from SSRN:

The legal institutions relevant to farmland succession — defined as the transfer of property in and control over farmland — are increasingly important determinants of sustainable environmental outcomes on modern farms. The history of farmland succession has been written, by and large, through extra-legal processes of transfer and inheritance between generations of close family relations. This familiar “family farm” model, however, is rapidly being replaced by succession arrangements between non-relatives, often strangers, with entrant farmers from non-agricultural backgrounds. As a growing number of current farmers retire and seek creative ways to transfer control and ownership of their farms, the availability and content of property arrangements on farmlands acquire a new significance. The resulting formalization of farmland succession places greater demands on policy makers to craft farmland tenure options and supporting institutions that are suitable to a wider diversity of needs, particularly among small farmers, and to consider the impacts of these arrangements for sustainable food systems over the long term.

http://lawprofessors.typepad.com/trusts_estates_prof/2013/09/article-on-farmland-succession.html

Articles, Intestate Succession, Trusts, Wills | Permalink

TrackBack URL for this entry:

http://www.typepad.com/services/trackback/6a00d8341bfae553ef019aff792d75970b

Listed below are links to weblogs that reference Article on Farmland Succession:

Comments

Post a comment