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Oaken and Sower's Legacy Partnership

Oaken, a leading agrifintech platform, has made significant strides in expanding its service offerings through a recent partnership with Sower Legacy Farmland Fund. This joint effort aims to facilitate farmland estate planning and transition solutions, an area increasingly important for farmers and landowners nearing retirement.

The Growing Need for Farmland Transition Solutions

As the landscape of agriculture evolves, many farmers find themselves contemplating retirement. This shift is expected to accelerate over the next decade, with an estimated $500 billion in farmland assets projected to change hands in the United States alone. Given this impending transition, there has never been a more pressing need for structured and effective estate planning solutions that can smooth the process for all parties involved.

Farmers and landowners are on the lookout for ways to transition their estates in a tax-efficient manner while minimizing disputes, maximizing value, and retaining liquidity. In response to this growing demand, Oaken's new initiative with Sower aims to provide targeted tools and resources that address these concerns directly.

Integrating Technology with Estate Planning

The partnership merges Sower's innovative 721 Exchange for farmland solution with Oaken's comprehensive digital farmland management platform. This integration allows farmers, farmland managers, and landowners not just to oversee their existing farmland assets, but to also connect with trusted advisors who can provide guidance on effective transition options.

Through a single interface, users can manage all documentation related to their farmland, gaining a holistic view of their assets and their current value. This simplifies the otherwise cumbersome process of estate planning and ensures all parties have access to the information they need at their fingertips.

Leaders in Agrifintech Speak Out

Shashi Raghunandan, CEO of Oaken, elaborated on the company’s mission, stating, “Our goal is to make farmland management as straightforward as managing stocks. Initially, our focus was on farmland management, but partnering with Sower takes us closer to our ultimate vision by easing the management of what is often farmers’ most valuable asset.” He expressed optimism about expanding service offerings in collaboration with other partners in the future.

Eric Mueller, Managing Partner at Sower, remarked on the importance of their 721 Exchange. He emphasized that as farmland transitions continue to proliferate over the coming decades, Sower is dedicated to protecting family farm legacies, maintaining farmland production, and converting hard assets into flexible shares seamlessly. This collaboration with Oaken, he noted, is pivotal to delivering their innovative solutions in a digital and user-friendly manner, aiming to reach a wider audience.

Conclusion

The new partnership between Oaken and Sower Legacy Farmland Fund signifies a transformative step in the realm of farmland estate planning. By blending innovative technology with the intricacies of estate management, farmers and landowners now have access to powerful tools designed to safeguard their legacies. For those interested in exploring these resources, Oaken offers a free 30-day trial of their platform on their website at oaken.ag. For further insights into Sower's offerings, visit legacyfarmlandfund.com. This collaboration heralds a new era in farmland management, promising a more streamlined approach to transition planning in the agribusiness sector.