Bankruptcy
Lawyers
Mediation
Taxes: Sales, Income & Real Estate
Taxes: Estate Planning
Bankruptcy: The Last Resort. An Overview
Minnesota Extension Service, 1998. Edited NY FarmNet 2003. Handout which provides brief overview of bankruptcy types (Chapter 7, 11, 12, & 13), as well as the implications of filing bankruptcy.
General Comparison of Chapters 12 and 13 of the Bankruptcy Code
Thomas Shephard, Esq. 1995. Handout defining terms, explaining steps to take and other comparisons between chapter 12 and 13.
Bankruptcy: Reorganizations
Minnesota Extension Service, 1989. Handout which discusses Chapter 13, Chapter 11, and Chapter 12 Bankruptcy.
Bankruptcy: Chapter 12 Reorganization
Minnesota Extension Service, 1998. Edited NY FarmNet 2003. Handout which details Chapter 12 bankruptcy, including eligibility, bankruptcy process, and debtor requirements.
Bankruptcy: Chapter 11 Reorganizations
1998, Edited NY FarmNet 2003
Bankruptcy: Chapter 7 Liquidation
Minnesota Extension Service, 1998. Edited NY FarmNet 2003 Handout which details Chapter 7 bankruptcy considerations.
Bankruptcy: Definitions, Rules, and Regulations
Oklahoma Cooperative Extension, 1986. Resource explaining terminology involved in bankruptcy, types of bankruptcy, and special cases such as conversion, dismissal, exemptions, and discharges. Includes a chart comparing four types of bankruptcy: Chapters 7, 11, 12, and 13.
Chapter 12 Farm Bankruptcy in New York State
Raymond J. Barnes & John R. Brake, Cornell University, 1989. Research findings of 56 Chapter 12 bankruptcy cases in New York State, with six in-depth case studies.
FarmNet, 1996. Resource providing answers to such questions as "When Do You Need A Lawyer?" and "What Kind Of Lawyer Do You Need?", and discusses "How To Find A Lawyer", "How To Work With A Lawyer", and "If You Have Problems With Your Lawyer..."
How to Hire and Fire a Lawyer
Joanne Spahr Welsh. Farm Journal, 1988. Article written to educate on how to hire and work with a lawyer, what questions to ask and how to let a lawyer go if you are dissatisfied.
How to Find a Lawyer
John Brake, ARME, Cornell University. Hints for finding an attorney, checking credentials, talking about fees, and asking questions of your lawyer.
Do You Have a Legal Problem?
NYS Bar Association. Brochure for the Lawyer Referral and Information Service, or call 800-342-3661.
Guide Through Divorce
Elizabeth Rosenfeld. 1998 With a focus for New York State-. Workbook describing and defining the different issues, terminology and finances of divorce. Outlines grounds for divorce, the process of divorce, discusses issues to be settled, methods for settlement, and filing.
Consumer Economics & Housing: Dispute Mediation: An Alternative To The Legal System
Cornell Cooperative Extension, 1988. Resource explaining dispute mediation, the benefits and appropriate contexts. Also defines conciliation and arbitration as they differ from mediation.
AgRESOLVE Program, 1996. Brochure describing the volunteer mediation services available through the AgRESOLVE Program. Program is free and confidential.
Non-violent Conflict Resolution
Brochure for the Center for Dispute Settlement, discusses their history and mission, defines conflict resolution options, and outlines their programs and services.
NYSDRAbrochure
New York State Dispute Resolution Association, Inc. Professional organization which provides Public education on mediation, and educates and supports mediators
Agricultural Assessment: Questions and Answers
State Board of Equalization & Assessment. 1993 Brochure with questions and answers on partial exemption from real property taxes for eligible land in New York State.
Reassessment & Your Property Tax
New York State Board of Real Property Services, 1995. Brochure giving frequently asked questions and their answers on the rights and responsibilities of property owners during reassessment.
State Board of Real Property Services.1997. What is property tax, assessments, and how rates are determined.
State Board of Equalization & Assessment. 1993. Brochure explaining exemptions for newly constructed or reconstructed agricultural structures.
State Board of Real Property Services.
NYS Department of Taxation and Finance, 1997. Includes sections on General Information, Eligible Farmer, Qualified Agricultural Property, Eligible Taxes, Base Acreage and Related Party rules, Credit limitation based on income, Credit Recapture, Disallowance of deduction for school taxes, and Estates and trusts and their beneficiaries.
Q&A Senior Citizen's Exemption, Partial exemption from property taxes in NYS
October 1999.
Q&A About the STAR School Property Tax Cut Plan
Farm Property Tax Credit Program. Questions? We have Answers
NY Farm Bureau 10/28/97 What is qualified Agricultural land, who is eligible?
Sales Tax Information for Farmers
NYS Department of Taxation and Finance Publication 844, 5/96. Booklet that's a guide for farmers and vendors/purchasers who work with farmers. Basic outline of how the New York State Sales and Use Tax Law applies to their activities. Chapters on: General information, Purchases of items, Utilities and fuels, Services, Motor vehicles, with examples of each given. Questions and Answers section.
Determining and reporting Income Tax Losses and Gains from Storm Damage
Stuart F. Smith, Charles H. Cuykendall, Cornell. 10/98 Discusses Casualty losses and gains to business property, Non-business property casualty rules, and Unique farm and timber provisions. Gives a Comprehensive farm example.
Taxes & The Farm. A Talk With Stuart Smith, Sr. Extension Associate For Cornell University
By Jeanette Marvin. 1996. Up-to-date questions and answers regarding some common mistakes farm families make with regard to tax reporting, such as self-employment income.
Know the Tax Consequences Before Selling Fruit Farm Assets
Stuart F. Smith, Cornell University. 2000. The first step in managing the tax impact of selling fruit farm assets is to know the basic tax rules affecting sales and how to estimate the taxes resulting from the potential sale.
Tax Managment can Increase After Tax Proceeds when Selling Fruit Farm Assets
Stuart F. Smith, Cornell University. 2000. The second step is to consider using tax management options to increase after tax proceeds of the sale. Here are some important options available to the non-corporate, cash method fruit farmer:
Wills, Probate, Property and Estate Taxes, What you Should Know About Living Wills
Department of Consumer Economics and Housing, Cornell University, 1990. Fact Sheet explaining a living will, how to write one and how to use it as part of an estate plan.
Do You Understand Your Tax Basis?
Ed Staehr, Onondaga County Cooperative Extension. 1995. Article explaining how to calculate one's tax basis as a step toward minimizing tax liability on sale of a farm.
Income Tax Myths, Truths and Examples Concerning Farm Property Disposition
Stuart F. Smith, Cornell, November 1991. Sections include: Introduction, Know your tax basis and how to use it, A major income tax exclusion, How debt affects taxable gain, Reporting the receipt of sales proceeds, Family sales agreements, Tax implications and opportunities of gifting farm property, Tax free trades, and The estimated tax trap.
Farm Estate and Transition Planning: Income Tax and Other Considerations When Selling Farm Assets
Stuart F. Smith, Cornell 10/94. Suggestions and considerations related to a partial sale of assets, Calculating gain, Classifying gain, determining the tax, With worksheets for "Gain from sale of Farm Property," "Gain from Sale of Depreciable Property," "Summary of Gain from Sale," "Total Capital Gain and Ordinary Income," and "Estimates of Taxable Income and Taxes."
Beware of Taxes When Selling the Farm
Stuart Smith, Cornell University. Handout presenting a case study to illustrate the potential tax liability on sale of farm property. Recommends seven steps to minimize the tax liability of selling farm property.
Tax Planning When Buying or Selling a Farm
Philip E. Harris, and Myron P. Kelsey, 1997 Discusses Key time for Tax Planning, Tax planning when you buy a farm, Tax planning when you sell a farm, Tax calculations in a farm sale - A case study, and Postponing gain by reinvesting farm sale proceeds.
Major Tax Considerations When Transferring Assets
Erlin J. Weness. 1994. University of Minnesota—Extension. From Transferring the Farm Series: #3.