Conferences
Using Trusts in Land Ownership
Mike Duffy
Summary
The amount of land in trusts has increased significantly over the past few years. This presentation will present and discuss the results of two surveys examining trusts in Iowa. The first survey examines the attitude of trustees regarding why trusts are being used, components of the trusts and their feduciary responsibility as it relates to soil conservation and sustainable agriculture practices. The second survey was a component of a larger land ownership survey conducted every five years in Iowa. This section of the survey asks the landonwers who are using trusts why they are using them, types of trusts, who manages the land and a variety of other aspects of putting land into a trust. The two surveys allow an examination of the increasing use of trusts from the perspective of the land owner and the trustee. Implications for farm management education and sustainable agriculture will be discussed.
Presentation Materials
Details
| Conference | 2013 National Farm Management Conference |
| Presentation Type | Concurrent |