Knox Farm Law Attorneys
Farming is a tough business. At Nichols & Wallsmith, we respect what you do, and we will do everything in our power to make your job easier.
Located in Knox, Nichols & Wallsmith has been serving local Northwest Indiana and Michiana* farmers for more than 120 years.
Help For Farmers
At Nichols & Wallsmith, we have been serving the local farming community for more than 120 years. We have seen — firsthand — the unique challenges facing farmers. We have all the skills of a large-town law firm, with the personal service, values and traditions only found at small-town firms.
We understand farming life, we know the local community and we understand how business works. Let us help you. Our attorneys provide full-service legal and business help to farmers, including:
- Negotiating farm leases
- Preserving the farm during divorce
- Help with farm injuries
- Real estate transactions
- Passing the farm to the next generation through estate planning
- Eliminating personal debts through bankruptcy
At Nichols & Wallsmith, we help you take some of the unpredictability out of farming.
A major part of farming is land leasing. Our firm helps farmers find stability by locking in long-term leases. When you know the annual leasing costs years in advance, you can make more reliable profit predictions and invest money in land improvements — such as crop irrigation systems — that increase your yearly crop yield.
Land prices are rising; lock in your rate today.
Protecting Your Farm For Future Generations
You’ve spent years working the land and building your farm. As time goes on and you age, what will become of your farm after you are gone?
A simple will may not be enough to protect your farm. If your farm is not incorporated and leases and mortgages are held in your name alone, these contracts may not survive your death. Those that inherit the farm from you may struggle to keep operations afloat while setting up new financing for equipment and land leases.
At Nichols & Wallsmith, we help farmers create business succession plans that ensure their family farms stay in the family and seamlessly transition the farm to the next generation.
By incorporating your business, you not only limit personal liability, but you also ensure financing, contracts and leases are set up through the company and will remain intact when a new generation takes the reins.
We can also set up trusts that safeguard land, farming machinery and money from irresponsible relatives, and ensure the farm you’ve spent your life building is preserved for generations to come.
Contact Nichols & Wallsmith
*The attorneys at Nichols & Wallsmith are only licensed in Indiana.