, /PRNewswire/ — Oaken, an agrifintech platform established by Purdue DIAL Ventures, proudly announces the expansion of its services to include farmland estate and transition planning through a strategic partnership with Sower | Legacy Farmland Fund.
With many farmers and landowners looking to retire in the coming years, the pace of farmland transition is likely to accelerate. It is estimated that $500 billion in farmland assets are expected to change hands over the next decade in the US alone. There is an urgent need for effective estate planning solutions that make this transition smoother for all parties involved. Farmers and Landowners are increasingly looking for ways to structure their assets to tax-efficiently transition their land while also minimizing conflict, maximizing value and retaining liquidity.
The partnership between Oaken and Sower adds Sower’s 721 Exchange for farmland solution to Oaken’s digital farmland management platform. Farmers, farmland managers and landowners can now use the …