This opening session focuses on the fundamental aspects of assessing and valuing farm property while considering its role in legacy planning. JR Glenn will share his legal expertise on property rights, ownership structures, and valuation methods specific to agricultural operations. Participants will learn about the various components that make up a farm’s value, including land, equipment, and operational assets, while understanding how these elements factor into long-term legacy planning decisions. The session will address common challenges in agricultural property assessment and provide strategies for maintaining family harmony while planning for the future.