Attorney Gary Chapman of Bose McKinney & Evans LLP will be a featured speaker for the Indiana Agricultural Law Foundation on July 17 at an all-day seminar to help farmers consider the future of their farms—for the near term, and the day when they may want to sell or pass down the farm to future generations. The event, held at the Indiana Farm Bureau offices in Downtown Indianapolis, will feature a variety of speakers who can help farm families think through critical issues, which often get overlooked in the day-to-day demands of farming.
Chapman will present on choice of entity for the family farm business, succession planning, and the basics of tax and estate planning.
Chapman is the chair of the Bose McKinney & Evans Agricultural Law Group, and is a member of the Estate and Wealth Transfer Planning Group and the Real Estate Group. Chapman’s focus on the needs of agri-business includes assistance with choice of entity, contract reviews, acquisitions, estate and business succession planning, taxes, leases and property transfers. His real estate practice includes representing an agricultural real estate investment fund, which acquires agricultural real estate on a national basis, representing landowners who lease real estate to windmill companies and significant experience with real estate 1031 tax deferred exchanges. Chapman’s practice also includes estate planning for individuals and corporate succession planning for closely held businesses. He frequently speaks on estate and succession planning and other issues that affect privately owned businesses, including family farms. Chapman worked as an agricultural chemical sales representative and as owner/manager of his family’s Holstein dairy operation before attending law school. He has been a practicing attorney since 1989 and a partner in the firm since 1996. He is a graduate of the Indiana Agriculture Leadership Program and is past chairman of the Indiana Agriculture Leadership Institute. Currently, Chapman is included as an advisor on a forum for ag families to build strategic business and succession plans, eLegacyConnect.
The July 17 agenda includes presentations, as well as question and answer,  and panel discussion time with the day’s speakers, which include Chapman, Dan Gordon of Gordon and Associates, Ken Foster of the Purdue Department of Agricultural Economics and Ken Roney of Indiana Farm Bureau Insurance.
“Conversations about what happens to the farm after someone’s death can be uncomfortable,” said John Shoup, IALF director. “If families let that discomfort prevent the conversation from happening, it can end poorly for everyone. This is an opportunity hear from two of the most highly regarded attorneys in the state that deal with these family-farm issues,” Shoup added.
Registration is $75, and includes meals. To register or view the agenda for the day, visit www.inaglaw.org, or call Maria Spellman at 317-692-7840.