For more information or to register online, please click here.
Early-bird registration until September 10th. Registration for this event is handled through the Center for Agricultural Law and Taxation (CALT).
Roger McEowen and Kristine Tidgren [8:00 a.m. – 9:50 a.m.]
Title: Agricultural Law Update
Description: This session will review recent state and federal legal developments impacting agricultural clients. Included in this session will be a discussion of eminent domain in the context of a proposed crude oil pipeline, clean water regulations and litigation, and an overview of recent case law.
Morning Break: [9:50 a.m. – 10:05 a.m.]
David Pierce [10:05 – 11:30 a.m.]
Title: Introduction to Iowa Mineral Law for Lawyers Representing Farmers and Other Landowners
Description: In this presentation, Professor Pierce will survey Iowa law governing the ownership, transfer, and development of oil, gas, and other mineral resources. He will focus on surface owner rights and burdens when a mineral estate has been created in land. He will also address the impact of mineral development on other land users, such as farm tenants and wind developers. He will target his analysis on issues likely to be encountered by lawyers representing farmers and other landowners.
Kristy Maitre [11:30 – Noon]
Topic: IRS Matters For Rural Practitioners
Description: General practitioners need to have basic understanding of many areas of the law, including having a working knowledge of the basics of tax law and IRS procedures. Unusual issues come up on a regular basis and sometimes finding the correct procedure or method to resolve the issue is time consuming. This presentation will review some of the IRS procedural information on a variety of issues, such as using the Form 8879 as a signature document, the OIC Pre-Qualifier, identity theft procedures and many others.
Lunch Break: [Noon – 1:00 p.m.]
Joe Peiffer [1:00 p.m. – 2:10 p.m.]
Title: Troubled Financial Times Return to Farming.
Description: After several years of great commodity prices and solid yields, reality returns to the heartland. Credit problems are causing ag bankers to tighten lending requirements for farmers leading to lifestyle adjustments and significant belt tightening. This presentation examines the changing credit problems faced by farmers including bankruptcy and non-bankruptcy solutions while always looking over the shoulder to make sure that income tax concerns are properly identified and addressed if possible. The presentation will also include a review of Bankruptcy legislative changes important to farmers and agribusiness.
Afternoon Break: [2:10 – 2:30 p.m.]
Mark Newman [2:30 – 3:45 p.m.]
Title: Farm Land Transactions in a Tepid Market
Description: Buying and selling farmland during a declining market requires anticipation of "buyer’s remorse.” This session explains how to give buyers complete, yet accurate, information. Attendees will learn about FSA authorization forms and various methods of describing the quantity, quality, boundaries, possession and use restriction issues, drainage and fence issues and what to expect at an auction. Among other things, topics addressed will include special clauses for farm land auction or sale contracts. Also covered will be the timing of farm land sales and financing options, including conventional, USDA-financed and contract sales. In addition, the session covers succession planning issues for the ‘favored’ child, along with will contests and potential partition actions and how to discourage them.
Todd Scott [3:45 – 4:45 p.m.]
Title: Ethical Applications of New Technologies in Law Practice
Description: This session will review the professional liability risks and ethical concerns associated with new technologies in the practice of law. This program will examine the ethical risks associated with cloud based software platforms, wi-fi networks, portable computing devices and other technology tools. The presenter will also provide you with the steps lawyers should take to know they are practicing law safely in the digital age.
This course is designed for: Attorneys and Real Estate Professionals (Iowa Real Estate Commission). This event qualifies for: 8.6 credits based on a 50-minute hour or 7.25 credits based on a 60-minute hour. This seminar provides a total of 430 minutes of instruction. Please note some CPE organizations do not accept partial credit hours.
Co-sponsored by Iowa State University Center for Agricultural Law and Taxation, the Agricultural Law Section of The Iowa State Bar Association, and the Iowa Farm Bureau